Category: AUD News
Australian Dollar News and Analysis from varies Financial media, we summarize all AUD news into a sitemap summary with link to related AUD News for the one who wanted to catch up Australian Dollar price change in timely manner.
The Australian Dollar is edging higher on Wednesday despite weaker than expected consumer confidence in January. A measure of Australian consumer sentiment slipped from a decade high in January as new as new outbreaks of COVID-19 in Sydney and Brisbane spooked people, though the spread has now been contained with relatively few cases and no deaths, according to Reuters. At 06:39 GMT, the AUD/USD is trading .7736, up...
Australian Dollar, AUD/USD, Covid, Westpac Consumer Confidence – Talking PointsAsia Pacific trading may see a slight risk-on tone after Wall Street risesAustralia’s Westpac Consumer Confidence report drops 4.5% for JanuaryAUD/USD moving higher on USD weakness, Symmetrical Triangle taking shape Recommended by Thomas Westwater Get Your Free Top Trading Opportunities Forecast Get My Guide The Nasdaq Composite led the charge higher on Tuesday with a 1.53% gain, as Wall...
Cannabis products developer Botanix Pharmaceuticals shares gained 11 per cent at the open to 15c after the company published early data from its flagship research program in the open source Communications Biology journal. Two Botanix employees helped design the study and provided most of the funding, according to disclosures. The data suggests that a synthetic cannabidiol (CBD) product can kill the bacteria responsible for gonorrhea, legionnaire’s disease and...
AUD/USD Video 19.01.21. Australian Dollar Gains Ground Against U.S. Dollar AUD/USD is moving towards the resistance level at 0.7725 while the U.S. dollar is losing ground against a broad basket of currencies. The U.S. Dollar Index managed to get below the support level at 90.70 and is moving towards the next support at 90.50. A move below the support at 90.50 will push the U.S. Dollar Index towards...
Macquarie Group has added two directors to its board, appointing Rebecca McGrath and Mike Roche as independent directors.Ms McGrath, chairman of Oz Minerals, is joining the bank's board after an executive career in the energy, including 25 years at BP.OZ Minerals chairman Rebecca McGrath will join the Macquarie board, along with Mike Roche. Credit: Mr Roche has spent more than three decades in corporate finance, including as head...
Shares in insecticide and agricultural chemical maker Nufarm have jumped 8.3 per cent today to a seven-month high of $4.55. The catalyst appears to be a rating upgrade by Morgan Stanley, with analyst Andrew Scott increasing his target price from $4.80 to $5.20. Mr Scott has had a a buy-rating on Nufarm since August 2019. The consensus price target is now $5.17 thanks to a very bullish $7...
AUD/USD, Covid-19, Economic Data – Talking PointsUS equity futures climb on thin holiday trading volume, earnings in focusAUD/USD broke under its 20-day SMA despite upbeat Chinese GDP Upcoming Chinese FDI data may ease recent AUD/USD weakness Recommended by Thomas Westwater Get Your Free Top Trading Opportunities Forecast Get My Guide U.S. stock futures climbed higher on Monday. The small-cap Russell 2000 E-mini futures outpaced its US peers. Trading...
The Australian Dollar is trading nearly flat early Monday on light volume due to the U.S. bank holiday. Traders are trying to recover some of Friday’s steep loss that was fueled by rise in the U.S. Dollar as riskier currencies fell after President-elect Joe Biden rolled out a $1.9 trillion stimulus plan that was offset by fresh U.S.-China tensions and a rise in COVID-19 infections in China. At...
Australian Dollar, Chinese Q4 GDP, Industrial Production, Retail Sales, Iron Ore – Talking Points:The trade-sensitive Australian Dollar slid lower after disappointing retail sales data out of China overshadowed strong industrial production numbers.A fresh outbreak of Covid-19 on the mainland could be behind the recent drop-off in Chinese iron ore demand. Australia’s robust economic recovery may continue to underpin AUD against its major counterparts. Recommended by Daniel Moss Get...
DOW JONES, HANG SENG, ASX 200, ASIA-PACIFIC MARKET OUTLOOK:China’s Q4 GDP growth is expected to return to the pre-Covid level of 6.1%, marking the only G20 economy to register a positive full-year growth rate in 2020The rising US Dollar is threatening the record-breaking rally for the Dow, S&P 500 and Nasdaq 100 stock indicesUpbeat US corporate earnings failed to lift confidence; the ASX 200 index opened lower Recommended...
Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Get My Guide Equities mostly fell this past week with a few key exceptions. On Wall Street, the S&P 500 sank over 1% while small-cap stocks outperformed the broader market as the Russell 2000 soared about 2%. In Europe, the DAX 30 and FTSE 100 declined 1.9% and 2.0% respectively. Meanwhile in the APAC region, the Nikkei 225 and...
Australian Dollar Fundamental Forecast: NeutralAustralian Dollar strength may cool ahead on stimulus uncertaintyRising Treasury yields putting on breaks for US Dollar weaknessKey event risk to watch: Chinese 4Q GDP, Australian jobs report Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Get My Guide The growth-linked Australian Dollar spent most of this past week trading in limbo, a marked shift in pace from persistent gains since late October....
