The Australian dollar traded below $0.72, near weekly lows as robust US producer inflation and rising Treasury yields strengthened the US dollar. Although escalating oil prices and hawkish RBA hike e…
Australia has relaxed its domestic gas reservation policy, shifting from a fixed 20% quota to reserving 'up to 20%' of output. The regulator-determined rules aim to avert domestic shortages of 140 pe…
The Australian dollar consolidated near $0.72 as Middle East geopolitical tensions countered strong domestic rate-hike expectations. Soaring oil prices above $100 per barrel have heightened Australia…
The Australian dollar traded near multi-month highs above $0.72 as hawkish RBA comments boosted September rate hike odds to 69%. While broad US dollar weakness supported the currency, deteriorating d…
The Australian dollar traded near four-month highs above $0.72, buoyed by surging expectations for an RBA rate hike following robust GDP and inflation data. Market odds for a 25-basis-point hike jump…
Chinese President Xi Jinping plans to bring a rare business delegation to Washington for a September 24 summit. The move signals Beijing's intention to improve commercial and investment ties with the…
The Australian dollar breached $0.72, hitting a four-month high on surging RBA rate hike expectations following strong GDP data. Meanwhile, dovish remarks from Fed Governor Waller weighed on the US d…
AUDUSD climbed over 0.5% to reach 0.72, hitting a new multi-period high. The pair has gained 2.29% over the past four weeks and is up 10.51% over the last 12 months, sustaining its broader bullish tr…
The Australian dollar held near three-month highs as resilient second-quarter GDP growth and a better-than-expected trade surplus boosted RBA rate hike odds. Markets now price a 58% probability of an…
Australia's Q2 GDP beat expectations with 0.4% quarterly growth, raising expectations for upcoming RBA interest rate hikes. Although solid domestic fundamentals support the Aussie, broad US dollar st…
The Australian dollar traded near multi-month highs below $0.72 as surging expectations for an RBA rate hike offset concerns over slowing domestic growth. Markets now price a 54% chance of a Septembe…
Barclays now forecasts Fed interest rate hikes in September and December, reversing a previous 'no change' stance. This shift follows notably hawkish comments from Fed Chair Warsh at Jackson Hole, si…
Former Fed Vice Chair Roger Ferguson predicts two interest rate hikes by early 2027, citing persistent inflation risks and a loss of Fed credibility. This hawkish outlook contrasts with other market …
Federal Reserve Chair Warsh delivered a hawkish speech at Jackson Hole, emphasizing the need for further interest rate hikes to combat persistent inflation. While acknowledging potential long-term AI…
Federal Reserve Chair Kevin Warsh signaled potential interest rate hikes to combat inflation, causing short-term Treasury yields to rise and the US dollar to strengthen. Markets are pricing in a high…
The Australian dollar is near a fifteen-week high and headed for its longest winning streak since 2010. Hotter-than-expected inflation and strong retail sales have led markets to price in a near-cert…
The Australian dollar hit a fresh three-month high as hotter-than-expected July inflation data fueled market expectations of an RBA interest rate hike as early as next month. Major banks revised thei…