Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
AUD/USD hits a six-week peak as weaker-than-expected US jobs data fuels speculation of upcoming Fed rate cuts. The softer labor report eases inflation concerns, tipping market sentiment toward a more dovish Fed, while Australia’s stable outlook adds momentum.
As the US jobs report nears, USD/JPY eyes the critical 145 level—will it break through amid Fed-BoJ policy divergence and possible Japanese intervention? Meanwhile, AUD/USD faces its own test in a turbulent market. Traders brace for volatility as data approaches. #forex #USDJPY #AUDUSD
EUR/USD gains bullish momentum supported by fresh capital inflows. Market focus remains on central bank policy divergence, resilient Eurozone data, and improved risk appetite driving demand for the euro versus the US dollar. Technical signals point to a potential upward breakout as investors reassess growth and rate outlooks.
AUD/USD sits near key support at 0.6520 with resistance around 0.6600–0.6630, reflecting mixed signals as price trades below the 50-day EMA. Technical indicators like RSI and MACD show neutrality, while recent candles hint at buying on dips. Amid diverging central bank policies and commodity volatility, cautious traders should watch for a breakout or breakdown to guide September 5 moves. Insights drawn from Samuel Lowes’s DailyForex analysis, enriched with broader market context.
Gold has recently established a fresh intraday low, signaling a potential easing of downside pressure. Buyers have stepped in, pushing prices higher amid rising volume. Key support near $2,295 now acts as a pivot, while resistance around $2,320 could define the next upside target. Monitoring USD trends, interest rate expectations, and geopolitical risks remains essential for assessing gold’s near-term direction.
Gold markets have established a daily low around the 2,320 level, signaling a potential intraday bottom. A breakout above resistance at 2,355 could pave the way for upside gains toward 2,375 and 2,380. Technical indicators remain neutral, while US monetary policy and geopolitical risks continue to influence price dynamics. Traders should watch for volume spikes that may accelerate momentum.
AUD/USD holds steady above 0.6500 as traders await the US Nonfarm Payrolls report. With the pair showing resilience, market direction hinges on how the US labor data influences Fed policy expectations and global risk sentiment this week.
AUD/USD stays firm above 0.6500 as traders await the US nonfarm payrolls report. With mixed signals from Australia’s economy and steady US data, market sentiment hinges on NFP outcomes to gauge Fed’s next move. Commodities and China’s outlook add further support to the Aussie. #Forex #AUDUSD #NFP
The AUD/USD currency pair is facing continued downward pressure as a hawkish Fed, slower Chinese growth, and subdued commodity prices weigh on the Australian dollar. Divergent monetary policies and global uncertainties keep the outlook cautious for AUD strength in the near term.
AUD/USD is under significant downside pressure amid sluggish Australian economic data and a widening interest rate gap favoring the US dollar. Risk-off sentiment and softer commodity prices tied to China’s slowdown add to AUD weakness. Traders should watch RBA’s stance and US Fed moves for near-term direction.
