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AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.
AUD/USD retargets 0.6500, Dollar melts post-NFP
The now widespread recovery in the risk-linked galaxy lends extra oxygen to the Australian Dollar (AUD), sending AUD/USD back to the proximity of the key resistance area around 0.6500 on Friday.
AUD/USD may not reach 0.6405 - UOB Group
Strong momentum is likely to lead to further weakness; oversold conditions suggest Australian Dollar (AUD) may not reach 0.6405 against US Dollar (USD), UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD holds onto losses near 0.6400 while US NFP takes centre stage
The AUD/USD pair trades vulnerably near its monthly low around 0.6420 during the European trading session on Friday.
AUD/USD hovers near 0.6425 lows with all eyes on the US Nonfarm Payrolls
The Aussie Dollar remains depressed near one-month lows at 0.6425 against its US peer, consolidating losses after having depreciated beyond 2% so far this week.
Australian Dollar loses ground following China's dismal PMI
The Australian Dollar (AUD) edges lower on Friday, continuing its seven-day losing streak. The AUD/USD pair remains steady following the release of economic figures from Australia and its close trading partner, China.
AUD/USD strives to hold 0.6430, investors shift focus to US NFP
The AUD/USD pair attempts to hold the immediate support level of 0.6430 during the European trading session on Thursday. The Aussie pair attracts slight bids on upbeat Australian Retail Sales data for June, released earlier in the day.
AUD/USD can potentially break below 0.6405 - UOB Group
Strong momentum is likely to lead to further weakness; oversold conditions suggest Australian Dollar (AUD) may not reach 0.6405.
Australian Dollar holds ground following release of Retail Sales, China's PMI data
The Australian Dollar (AUD) appreciates on Thursday, halting its five-day losing streak. The AUD/USD pair maintains its position following the release of key economic data from Australia and its close trading partner, China.
China's July NBS Manufacturing PMI climbs to 49.3
China's official Manufacturing Purchasing Managers' Index (PMI) rose to 49.3 in July, as against 49.7 reported in June. The market forecast was 49.7.
AUD/USD tumbles as Fed keeps rates in check, Powell on the spotlight
The AUD/USD plunges on Wednesday, extending its agony for fourth straight days after the Federal Reserve (Fed) decision to hold rates, thought not unanimously as two officials Waller and Bowman, who telegraphed their intentions before the blackout period, dissented and voted for a 25 bps rate cut.
AUD/USD awaits US Federal Reserve's decision at fresh July lows
The Australian Dollar (AUD) trades at fresh July lows against its American rival, hovering around 0.6450. The US Dollar (USD) attracted strong buying interest following the release of upbeat macroeconomic figures, ahead of the Federal Reserve (Fed) monetary policy announcement.
AUD/USD struggles around 0.6500 as Australian inflation cools down, Fed policy awaited
The AUD/USD pair falls to near 0.6500 during the European trading session on Wednesday. The Aussie pair faces selling pressure as the Australian Dollar (AUD) weakens, following the release of the Australia Consumer Price Index (CPI) data for the second quarter of the year and June.
AUD/USD: Signs of building downward momentum - UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6500 and 0.6540 against US Dollar (USD).
AUD: Good enough - Commerzbank
In the minutes of the last meeting of the Reserve Bank of Australia, the monetary policy committee highlighted two economic factors in particular that will influence the interest rate decision at the next meeting in August: the labour market and inflation.
China's Commerce Ministry: Hope the US can meet halfway
Chinese Commerce Ministry said in a statement on Wednesday that it "hopes the US can meet China halfway."
Australian Dollar strengthens despite weaker inflation data
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday, halting its four-day losing streak.
China's Finance Minister signals more proactive fiscal support amid rising uncertainty
China's Finance Minister Lan Fo'an said on Tuesday that the country will ramp up fiscal support to bolster domestic consumption and mitigate mounting economic headwinds.
Australian CPI expected to remain stable for June
Australia will release inflation updates on Wednesday, two weeks ahead of the Reserve Bank of Australia (RBA) monetary policy meeting, scheduled for August 11-12.
AUD/USD steadies above 0.6500 as traders eye Australia CPI, Fed decision
The Australian Dollar (AUD) stays under pressure for the fourth day in a row against the US Dollar (USD) on Tuesday, as the Greenback continues to gain strength.
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