Breaking News: AUD/USD – Market Insights, Analysis & Latest Updates

Australia stocks higher at close of trade; S&P/ASX 200 up 0.00%

Australia's stock market closed higher, led by gains in Consumer Staples and Financials, with notable performances from Zip Co and Tabcorp. Commodities and currency exchanges were mixed.

investing.com • 28/08/2024 - 06:30 AM

AUD/USD
AXJO

Australia CPI grows more than expected in July, core inflation eases

Australia's CPI inflation rose to 3.5% in July, driven by fresh food costs. Concerns exist over potential RBA interest rate hikes amid persistent inflation.

investing.com • 28/08/2024 - 01:41 AM

AUD/USD
NVDA

Morning Bid: Looking local as US macro, Nvidia shadows linger

Asian markets show caution due to U.S. economic concerns and Nvidia earnings. Regional events, especially inflation data, hold potential significance amid ongoing currency movements.

investing.com • 27/08/2024 - 21:55 PM

AUD/USD
AXJO

RBA considered a rate hike during August meeting, minutes show

The RBA decided to keep interest rates at 4.35%, citing inflation concerns and labor market strength, while future rate movements remain uncertain.

investing.com • 20/08/2024 - 01:52 AM

AUD/USD
AXJO

Australia jobs blow past expectations in July as labor market runs hot

Australia's labor market grew unexpectedly in July, with employment rising by 58,238 despite a 4.2% unemployment rate, signaling tighter monetary policy amid persistent inflation.

investing.com • 15/08/2024 - 01:42 AM

AUD/USD
AXJO

Australia consumer sentiment improves in August after RBA hold- Westpac

Australian consumer sentiment improved in August, driven by stable interest rates and tax breaks, though overall pessimism persists amid inflation and housing market concerns.

investing.com • 13/08/2024 - 00:59 AM

AUD/USD
AXJO

Australia trade balance grows more than expected in June

Australia's trade balance improved to A$5.59 billion in June due to rising exports, but remains near four-year lows, affected by reduced demand from China.

investing.com • 01/08/2024 - 01:41 AM

AUD/USD
AXJO

Australia core CPI inflation softens in Q2, dents rate hike bets

Australian CPI inflation rose to 3.8%, with softer core inflation reducing rate hike expectations. Retail sales exceeded forecasts, indicating economic resilience amidst persistent inflation.

investing.com • 31/07/2024 - 02:04 AM

Asia FX muted as dollar firms amid commodity rout, political uncertainty

Most Asian currencies remain flat as the dollar strengthens. The Japanese yen appreciates while commodity-linked currencies decline due to economic concerns in China.

investing.com • 24/07/2024 - 04:09 AM

Currency