AUD/USD Price Analysis: Cooling Inflation Weighs on Aussie
Inflation in Australia fell to its lowest level in over three years in the third quarter. RBA rate cut bets fell to reflect the likelihood of a 24% cut in…
Inflation in Australia fell to its lowest level in over three years in the third quarter. RBA rate cut bets fell to reflect the likelihood of a 24% cut in…
U.S. job vacancies fell to 7.44 million, missing the estimate of 7.98 million. US consumer confidence jumped to 108.7, well above the forecast of 99.5. The upcoming presidential election in…
The dollar weakened slightly on Tuesday as traders awaited key data. The US economy could grow by 3.0% in Q3. Economists expect the nonfarm payrolls report to show an increase…
The price of oil recovered on Tuesday after falling 6% in the previous session. The US has announced plans to buy about 3 million barrels of oil. The US will…
The yen fell to a three-month low after Japan's election. Japan's ruling Liberal Democratic Party won only 215 seats. The probability of Trump's victory in the November election boosted the…
Sales in Canada rose 0.4%, compared with a forecast of 0.5%. The US economy is doing much better than most economists predict. Traders are waiting for the key presidential election…
US jobless claims fell more than expected, pointing to solid labor demand. US PMI data showed growth in the manufacturing and services sectors. Consumer price indices in Tokyo showed inflation…
US jobless claims fell more than expected. Business activity in the US manufacturing and service sectors improved. Market participants will be paying attention to inflation data in Australia. The AUD/USD…
Data on Friday showed that inflation in Tokyo fell below 2%. Market participants are following the upcoming elections in Japan. Economic data shows an increase in business activity in the…
Gold hit a new record high on Wednesday as tensions in the Middle East escalated. Market participants are uncertain about the upcoming US presidential election. Business activity in the US…