The interest rate differential continues to be a strong mover of the US dollar in general. This is a consistent mover of the Forex markets at the moment.
AUD/USD Price Forecast: Tests descending channel bottom around 0.6950
Australia's S&P Global Manufacturing PMI rises in June: What 51.2 means for AUD/USD
AUD/USD Price Forecast: Dips below 0.7000, nearing 11-week lows
Two reports. Forty-eight hours.
AUD/USD Price Forecast: Extends the range play around 0.7000; bearish bias remains
AUD/USD enters a pivotal week as Australian and US inflation data test the pair's resilience around the 70c level. A growing case for an extended RBA pause contrasts with a hawkish Federal Reserve and elevated US inflation expectations.
The US dollar continues to see buyers, but noisy behavior heading into the weekend.
AUD/USD Price Forecast: Seems vulnerable near 0.7000; acceptance below 61.8% Fibo. awaited
The Aussie dollar's ability to hold up following Wednesday's hawkish Fed meeting may seem strange given the accompanying strength in the greenback. But the correlation matrix below offers a clue as to why.
The US dollar is looking to rally on Thursday, as traders continue to measure risk appetite in general.
AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls