#AussieBulls#

The Aussie Dollar (AUD) is struggling against the US Dollar (USD) ahead of the US CPI data release, expected to show a slight inflation rise. A strong inflation print could boost the USD, reducing the chances of a Fed rate cut. The RBA also kept rates unchanged at 4.35%, adding pressure to the AUD.

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AUD - Australian Dollar The Australian dollar extended its rally through trade on Tuesday amid record gains across equities and sustained US dollar weakness. The S&P 500 marked fresh highs and appears poised to close above the February 2019 peak. As confidence COVID-19 case numbers across the US

AUD bulls await fresh impetus for the next push higher. Victoria’s coronavirus concerns cap the bounce in AUD/USD. Falling T-yields, rally in iron-ore and gold underpin ahead of US data. AUD/USD is gathering pace for a sustained breakthrough the 0.7200 in the European morning, having reversed a

AUD - Australian Dollar The Australian dollar maintained its upward momentum through trade on Monday, pushing back above 0.71 amid broad based US dollar weakness. Having opened below 0.7090 the AUD climbed steadily throughout the day marching back toward 0.7150 and intraday highs at 0.7151. Despite

The rising momentum of the Australian dollar against the US dollar is facing exhaustion, and the epidemic and geopolitical situation may become a roadblock. The Australian dollar strengthened slightly against the US dollar on Monday, mainly driven by the continued decline of the US dollar index in t

A combination of factors assisted AUD/USD to gain traction for the fifth consecutive session. The prevalent USD selling bias and upbeat market mood remained supportive of the move up. Concerns over worsening US-China relations might cap gains amid overstretched conditions. The AUD/USD pair traded w

AUD - Australian Dollar The Australian Dollar surged higher through trade on Tuesday, triggered by broad based US weakness and an uptick in risk demand following key fiscal policy announcements. Equities and risk sensitive currency lurched upward after EU leaders finally found an agreeable medium an

AUD/USD portrays a fourth attempt to pierce the key 0.7000 threshold. Broad US dollar weakness, upbeat equities and commodities helped Aussie to ignore pandemic fears. Australian policymakers escalate efforts to tame the coronavirus spread, US-China tussle intensifies. China inflation data, Australi

AUD/JPY is trading towards a break of the 75 level as risk appetite remains elevated.  COVID-19 cases in there US have been sidestepped by investors expecting a continued economic global recovery.  AUD/USD was on the front foot overnight and was lifting the crosses higher with it as US dollar outfl