AUD/USD

AUD/USD remains under notable negative pressure as bearish momentum intensifies. Diverging central bank policies, softer commodity prices, and cautious risk sentiment weigh heavily on the pair. Technical breakdown below key supports suggests further downside potential in the near term. Traders should monitor RBA and Fed signals along with global economic cues for upcoming moves. Source: economies.com analysis with additional insights.

The Australian Dollar gained momentum after strong jobs data showed 50,000 new positions and steady unemployment at 3.6%, signaling economic resilience. Coupled with dovish signals from the US Federal Reserve suggesting a pause in rate hikes, the AUD strengthened notably against the USD and other major currencies.

Australia and New Zealand dollars gained modestly as markets weigh Reserve Bank of New Zealand’s cautious policy stance amid persistent inflation risks. While global growth outlook and China’s economic data add complexity, investors remain attentive to RBNZ signals and evolving interest rate expectations that shape currency momentum.

Australian and New Zealand dollars edged up early this week as markets turn attention to the Reserve Bank of New Zealand’s upcoming policy decision and broader economic risks. Investors weigh mixed data and inflation pressures, with expectations leaning toward a steady RBNZ rate but uncertainty remains amid global volatility.

The Australian and New Zealand dollars have shown modest gains as investors closely monitor the Reserve Bank of New Zealand’s upcoming policy decisions. Elevated inflation in New Zealand and steady demand for Australian exports support the currencies, while cautious Federal Reserve signals and stable commodity prices influence broader market sentiment. Traders are weighing risks as the RBNZ balances inflation control against slowing growth, and as the U.S. dollar faces downward pressure amid talks of possible rate cuts in 2024. These dynamics underscore ongoing shifts in global economic outlooks and central bank strategies.

Forex Weekly Outlook: Key currencies brace for inflation data and central bank signals. The US dollar reacts to mixed CPI and Fed guidance; the euro faces ECB caution amid growth concerns; GBP, JPY, and CNY watch policy shifts closely. Key reports this week will shape market direction. Stay tuned for updates from Reuters, CNBC, and Investing.com.

ASX set for a weak open as investors react to Wall Street’s cautious mood and await key earnings reports from BlueScope Steel and Charter Hall. Global inflation, mixed US rate signals, and uncertainty in China add pressure ahead of anticipated corporate updates.

EUR/USD climbed after mixed US retail sales and industrial production data clouded the growth outlook. Traders shifted focus to the upcoming Trump-Putin meeting, weighing geopolitical risks amid cautious central bank signals. Markets remain watchful for fresh cues on economic and policy directions. #Forex #EURUSD

EUR/USD gains amid mixed US economic data as traders weigh softer retail sales and stronger producer prices. Market attention now shifts to the upcoming Trump-Putin summit, seeking clues on geopolitical impact. Eurozone fundamentals and risk sentiment also support modest euro strength.

EUR/USD advanced amid mixed US economic data that tempered dollar strength. Retail sales showed modest growth, industrial output remained resilient, while consumer sentiment softened slightly, creating uncertainty over Fed’s next moves. Market focus now shifts to the upcoming Trump-Putin meeting, which could shape geopolitical risks and influence currency direction.