May 20, 2024
Via: DailyFXThe Aussie dollar holds around the pre-pandemic low of 0.6680 as the impressive bullish continuation unfolds. The bullish pennant, which developed from early to mid-May, revealed a strong bullish continuation which was largely influenced by the move lower in US […]
December 19, 2023
Via: DailyFXThe Australian Dollar has held onto its gains from the past couple of weeks despite a slight recovery from the US Dollar index at the back end of last week. The Australian Dollar has been on a steady move higher […]
October 13, 2023
Via: DailyFXThe U.S. dollar, as measured by the DXY, embarked on a furious rally on Thursday after hotter-than-expected U.S. September inflation data sent Treasury yields sharply higher and increased the likelihood that the Fed will deliver another quarter-point rate hike at […]
June 20, 2023
Via: DailyFXThe Australian dollar is on offer this morning against the US dollar even though the greenback remains relatively flat as measured by the DXY index. The selloff stemmed initially from concerns around the Chinese economy as the PBoC cut both […]
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