Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
EUR/USD tumbled below 1.1700 amid escalating tariff concerns as the US considers higher tariffs on Chinese goods and threatens EU imports. The US dollar surged to a two-week high, driven by safe-haven demand amid rising trade tensions and subdued Eurozone data. Investors remain cautious as global trade disputes weigh on forex markets.
EUR/USD slipped below 1.1700 as escalating US-China trade tariff concerns bolstered demand for the US dollar. Investors are turning to the greenback amid growing uncertainty, with safe-haven flows pushing the dollar index to a two-week high. Technical indicators suggest bearish momentum ahead.
EUR/USD slipped below 1.1700 as escalating trade tensions boosted demand for the US dollar, pushing it to a two-week high. Renewed tariff concerns are driving risk aversion, strengthening the greenback while challenging the euro amid subdued Eurozone growth and dovish ECB signals.
EUR/USD dips below 1.1700 as tariff concerns drive the dollar to a two-week peak. Rising trade tensions and Fed tightening expectations boost safe-haven demand, pressuring the euro amid diverging US and Eurozone economic outlooks.
EUR/USD slid below 1.1700 amid escalating US-China tariff concerns, pushing the US dollar to a two-week high. Rising trade tensions have driven risk aversion, with investors favoring the dollar amid expectations of tighter Fed policy. Report by Eren Sengezer for FXStreet; insights from Reuters and Bloomberg.
The EUR/USD dropped below 1.1700 amid rising tariff tensions, pushing the US Dollar to a two-week high. Trade concerns have heightened safe-haven demand for the dollar, while uncertainty weighs on the euro and Eurozone economic outlook. Market focus remains on potential tariff escalations and their impact on global trade and currencies.
EUR/USD slipped below 1.1700 as renewed tariff fears fueled safe-haven demand for the US dollar, pushing it to a two-week high. Rising trade tensions, particularly US-China tariff concerns, weighed on the euro amid soft Eurozone data and expectations of tighter Fed policy. Traders remain cautious amid growing uncertainty.
AUD/USD ended the week with modest gains after breaking short-term resistance but stalled near 0.6700, facing selling pressure. Supportive factors include a dovish Fed tone, firmer commodity prices—especially iron ore—and cautious risk sentiment. The RBA’s steady rates and signs of slowing US tightening suggest limited USD upside ahead. Watch for a break above 0.6720 to confirm bullish momentum; otherwise, consolidation or pullback remains possible. Traders should monitor Chinese economic data and global risk appetite as key drivers in the coming week. #ForexAnalysis #AUDUSD #FXTrading
AUD/USD showed consolidation this week, trading between support at 0.6576 and resistance near 0.6702 amid subdued volatility. Technicals highlight a neutral RSI and indecisive MACD, with key levels to watch: support at 0.6524 and resistance at 0.6713. Fundamental factors—including Australian economic data and US rate outlook—will be pivotal in breaking this range and setting the next directional bias. Traders should watch for a decisive move to clarify the medium-term trend.
#AUDUSD #Forex #TechnicalAnalysis
AUD/USD held above key support near 0.6570 last week, but upside remains capped below 0.6700 amid cautious central bank signals. The Reserve Bank of Australia’s steady hawkish tone contrasts with the Fed’s patient stance, while commodity rebounds support the Aussie. Technicals show limited momentum to challenge medium-term resistance around 0.6738. Watch for a break below support or a sustained move above 0.6720 to signal next directional bias.
