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AUD/USD Pressured As Fed Officials Hold Firm On Rate Policy
Article By: Christian Borjon Valencia
Thursday, April 18, 2024 9:35 PM EDT
The Aussie Dollar is on the defensive against the US Dollar, as Friday’s Asian session commences. On Thursday, the antipodean clocked losses of 0.21% against its counterpart, driven by Fed officials emphasizing they’re in no rush to ease policy.
In this article: FXA, UUP
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AUD/USD Forex Signal: Resistance At $0.6456 Holding
Article By: Adam Lemon
Thursday, April 18, 2024 8:48 AM EDT
My previous signal last Tuesday produced a profitable long trade from the bullish pin bar on the hourly price chart which rejected the support level identified at $0.6391.
In this article: FXA, UUP
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AUD/USD Rebounds From 0.6400 Even Fed Powell Delivers Hawkish Guidance
Article By: Sagar Dua
Wednesday, April 17, 2024 9:40 AM EDT
AUD/USD recovers from 0.6400 amid improved market sentiment.
In this article: FXA, UUP
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AUD/USD Price Analysis: Picks Up Amid China’s Economic Growth
Article By: Yohay Elam
Wednesday, April 17, 2024 9:22 AM EDT
China’s economy grew more than expected in the first quarter. Fed policymakers pushed back expectations for rate cuts. Powell noted that the US economy needs a restrictive policy for a bit longer.
In this article: FXA, UUP
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G10 FX Talking: The Dollar’s Divergent Path
Article By: ING Economics
Wednesday, April 17, 2024 5:22 AM EDT
An increasing number of central banks within the G10 bloc are looking at cutting rates this year. The Fed would like to join them, but strong US activity and especially inflation data means that plans for a summer cut will have to be shelved.
In this article: FXE, FXA, FXC, FXF, FXY, UUP
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