AUDUSD Forex Analysis - Retest & Failure At 0.6984 Daily Resistance?

AUD/USD surged, buoyed by RBA confidence and inflation growth

The Australian dollar strengthened notably against the US dollar, with the AUD/USD pair reaching 0.6684. Australia’s May economic indicators from MI remained unchanged at zero compared to the previous value. Meanwhile, Australia’s weighted average consumer price index increased to 4.0% y/y from the last 3.6%, surpassing the less ambitious forecast of 3.8%.

RoboForex | 1天前

Daily Global Market Update

Bitcoin surged 2.5% but may be overbought. Alibaba stock dipped 0.9% and is oversold. AUD/USD down slightly but could rise soon. Gold price fell 0.4% but might rebound. Oil prices dropped 1% on weak US consumer confidence. US dollar stays strong due to Fed rate cut expectations. Watch out for upcoming economic data from US, Finland, France and Japan.

Moneta Markets | 1天前

Euro Extends Fall on Weak Economic Outlook, DXY Edges Higher

The Euro (EUR/USD) extended its fall, settling at 1.0712 (1.0735) with French elections due to begin this weekend. Broad-based US Dollar strength also weighed on the Euro.

ACY Securities | 1天前

EURUSD, USDCAD, AUDUSD

US Core PCE index could affect EURUSD’s performance; Canadian CPI expected to fall; USDCAD still falling; AUDUSD may remain in range after Australian CPI

XM Group | 2天前

Daily Global Market Update

Oil dipped slightly, while currencies remained mostly flat. Gold tumbled on strong US data, stocks dipped slightly. Watch for economic data releases today from US, Eurozone, Germany, Japan and UK.

Moneta Markets | 3天前

Dollar Index (DXY) Pushes Higher on Strong S&P PMI Data

Solid US S&P Manufacturing and Services PMIs lifted the Dollar Index (DXY) to105.80, from 105.65, its strongest finish since late April. A surge in Services to 55.1, which beat estimates at 53.4, strengthened the case for fewer Fed rate cuts. The solid state of the US economy kept bond yields steady, at their recent highs.

ACY Securities | 3天前

USD/JPY Soars to Just Under 159, Risks BOJ Intervention

The Dollar soared to 158.90 Japanese Yen from 158.00 yesterday, boosted by higher US bond yields. It was the sixth straight rally for the Greenback against the Japanese currency.

ACY Securities | 6天前

Daily Global Market Update

The British Pound fell 0.4% against the US dollar, while Bitcoin rose 0.2%. Oil prices increased on lower US stockpiles, and AUD/USD dipped slightly. Japan's economic data and Europe's finance meeting are on tap today.

Moneta Markets | 6天前

EURUSD	1.0704	GBPUSD	1.26399	AUDUSD	0.66475
USDJPY	160.697	USDCAD	1.36998	USDCHF	0.89854