Fundamental analysis of AUD/USD

28.03.2023On Tuesday, the Australian dollar against the US dollar returned to growth. The current AUDUSD quote is 0.6690.Retail sales in Australia in February grew by 0.2% m/m as expected after growing previously by 1.8%. The index look neutral after sharp fluctuations at the end of last year and th...

16.03.2023AUD paired with the US dollar "broke off" the recovery, declined due to the external background and now needs a "support" again. The current AUDUSD quote is at 0.6631. The main pressure on the AUD comes from the US dollar. It has significantly strengthened against the background of the glo...

15.03.2023The Australian Dollar paired with the US dollar is gently recovering. The current AUDUSD quote is at 0.6684.Both the weakening factor of the US dollar and the technical signals are working in favour of the AUD.The fundamental background looks multidirectional. Australia released its own st...

09.02.2023The Australian dollar in the pair with the US dollar will not give in, trying to recover. The current quote is 0.6953.Moods change too fast but there are chances for a bounce. The decision of the Reserve bank of Australia from 7 February to increase the interest rate was expected: the inte...

18.10.2022The Australian dollar remains in a weak position against the US dollar, although it is trying to bounce back. The current quote in the AUDUSD is 0.6308. Relations with China are coming to the fore for Australia. The Prime Minister said today that Australia should cooperate with China where...

23.08.2022After being sold for several trading sessions in a row, AUDUSD is trying to rebound.The Australian Dollar is trying to revive the positive momentum against the USD on Tuesday. The current quote for the instrument is 0.6865.Not to say the Aussie is looking bad or insecure in comparison to o...

18.08.2022AUDUSD has been plunging for the fifth consecutive trading session; the labour market data turned out to be very weak.The Australian Dollar is looking unimpressive against the USD. The current quote for the instrument is 0.6940.The statistics published by Australia in the morning were rath...

11.08.2022AUDUSD rose as the “greenback” loosened its grip.The Australian Dollar is slowly correcting against the USD on Thursday after skyrocketing the day before. The current quote for the instrument is 0.7095.The statistics published earlier showed that NAB Business Confidence in Australia rose t...

04.08.2022AUDUSD is rising after a major plunge this week. The Australian Dollar is strengthening against the USD on Thursday. The current quote for the instrument is 0.6985.The Reserve Bank of Australian had another meeting this week where it raised the benchmark interest rate by 50 basis points, f...

15.07.2022AUDUSD is falling despite the rate expectations and statistics.The Australian Dollar is falling against the USD on Friday. The current quote for the instrument is 0.6726.The USD keeps attacking and it prevents the AUD from recovering, even considering strong statistics.The data published y...

28.06.2022AUDUSD ignores bad forecasts for the Australian GDP.The Aussie is slowly growing against the USD on Tuesday. The current quote for the instrument is 0.6957.The local weakness of the American currency allows the Aussie to recover a bit. At the same time, investors are paying no attention to...

02.06.2022AUDUSD doesn’t care about global risk aversion and continues holding its position.The Australian Dollar doesn’t pay attention to the external pressure against the USD on Thursday. The current quote for the instrument is 0.7184.The Aussie is looking quite strong against the USD, which is no...

01.06.2022After growing earlier, AUDUSD is now correcting. The Australian Dollar is falling a bit against the USD on Wednesday. The current quote for the instrument is 0.7180.The Aussie had a great run and now requires a correction. On the other hand, the “greenback” is increasing the pressure – inv...

24.05.2022AUDUSD is declining in response to disappointing statistics.The Australian Dollar stopped rising against the USD on Tuesday; right now, the Aussie is retreating. The current quote for the instrument is 0.7102.The preliminary statistics published in the morning showed that the Manufacturing...

19.05.2022AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery. The Australian Dollar is trying to rise against the USD on Thursday. the current quote for the instrument is 0.6966.The statistics published by Australia in the morning showed that the Unemployment Rate...

04.05.2022AUDUSD is keeping its positive momentum thanks to the Reserve Bank of Australia.The Australian Dollars keep on trying to recover against the USD. The current quote for the instrument is 0.7118.Yesterday, the Reserve Bank of Australia raised the benchmark interest rate by 25 basis points, u...

27.04.2022AUDUSD took a break from falling; investors are analysing the inflation data.The Australian Dollar stopped falling against the USD. The current quote for the instrument is 0.7159.The CPI in Australia gained 2.1% q/q in the first quarter of 2022 after adding 1.3% q/q the quarter before and ...

19.04.2022AUDUSD is slowing down its decline in response to the RBA Meeting Minutes.The Australian Dollar is taking a break from falling against the USD. The current quote for the instrument is 0.7389.Earlier today, the Reserve Bank of Australia released its latest Meeting Minutes, which provided th...

14.04.2022AUDUSD is stuck inside a narrow sideways range and waiting for new catalysts.The Australian Dollar is barely moving against the USD. The current quote for the instrument is 0.7443.The “greenback” weakened a bit and the other traded currencies got a chance to rebound. However, the Aussie di...

08.04.2022.AUDUSD is falling under the attack of the “greenback” and amid the global risk appetite decline.The Aussie continues falling against the USD. The current quote for the instrument is 0.7462.The RBA Financial Stability Review published earlier today says that many Australian loaners are rea...

05.04.2022AUDUSD updated its 10-month highs after the RBA meeting. The Australian Dollar improved pretty much against the USD. The current quote for the instrument is 0.7629.The Reserve Bank of Australia had another meeting in the morning and left the benchmark interest rate intact at 0.10%, just as...

29.03.2022After several trading sessions of growth, AUDUSD took a break. The Australian Dollar is consolidating against the USD. The current quote for the instrument is 0.7481.Market players are focused on geopolitical tensions and energy prices growth, that’s why their responses to the statistics a...

22.03.2022They continue selling AUDUSD – the asset is slowly retreating.The Australian Dollar continues falling against the USD. The current quote for the instrument is 0.7409.Australia isn’t publishing any important data these days. In the meantime, market players are focusing on two aspects – the ...

21.03.2022AUDUSD is falling amid global risk aversion. The Australian Dollar is falling against the USD early in the week. The current quote for the instrument is 0.7389.AUDUSD moved away from its 2-week highs amid global risk aversion in financial markets. Risk is now the major trigger on all excha...

17.03.2022AUDUSD continues recovering supported by the statistics.The Australian Dollar is steadily rising against the USD on Thursday. The current quote for the instrument is 0.7322.Earlier today, Australia released several reports on its labour market. The data turned out to be quite positive and ...

15.03.2022AUDUSD is reaching stability after plunging earlier this week. The Australian Dollar is consolidating against the USD after plunging earlier. The current quote for the instrument is 0.7192.The commodity market is shaking, pulling the floor out from under the Aussie. Moreover, the coronavir...

10.03.2022AUDUSD has been “in the black” for the second week in a row despite natural disasters.The Australian Dollar is actively strengthening against the USD. The current quote for the instrument is 0.7336.One reason is that the improvement in global geopolitics has a positive influence on traded ...

02.03.2022AUDUSD is keeping its positive momentum, although the sentiment is changing. The Australian Dollar is rising against the USD on Wednesday. The current quote for the instrument is 0.7251.The rising wave in AUD formed earlier slowed down last night due to the increased demand for “safe haven...

01.03.2022AUDUSD is growing after the RBA kept its monetary policy intact. The Australian Dollar is quickly rising against the USD on Tuesday. The current quote for the instrument is 0.7264.The way the March meeting of the Reserve Bank of Australia went was quite predictable. The benchmark interest ...

09.02.2022AUDUSD is keeping its positive momentum. The Australian Dollar is growing against the USD on Wednesday. The current quote for the instrument is 0.7162.At the moment, the Aussie is quite strong but only because the USD is weak. This week, Australia released some macroeconomic reports. For e...