The spot price has recently experienced a pullback against the US Dollar (USD), with trading activity remaining subdued due to the Japanese market's closure for Mountain Day. This brief hiatus in market activity comes as the USD/JPY currency pair...
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The Australian dollar strengthened slightly on Thursday. AUD/USD rose 0.16% during the European session and was trading at 0.6684 at the time of writing. Australian inflation expectations fall to 4.4% Australian consumer inflation expectations fell...
AUD/USD Yesterday's US inflation statistics were not impressive, and the day before the statistics were published in the economic calendars, the forecast for a slowdown in the inflation rate was changed from 2.6% to 2.5%, the latter figure was in...
The price continues to navigate through a complex market environment, hovering just above the 50-day Exponential Moving Average (EMA) at 1.2964. Despite this, the prospects for a bullish recovery appear increasingly slim as the pair struggles to...