The US Dollar faced downward pressure on Tuesday, retreating to 101.50, following a softer than expected Consumer Price Index (CPI) for April. The Australian Dollar, on the other hand, surged by nearly 1.5% against the US Dollar, boosted by improving global sentiment and the easing of US-China trade tensions. Investors now eye further economic data. The market expects that the Federal Reserve (Fed) will maintain its current rate policy through mid-2025.
The Australian Dollar gains traction as the US Dollar weakens as a combination of softer inflation data and trade progress lifts risk-sensitive currencies.
The market now anticipates that the Fed will hold rates steady until at least September 2025 with rate cuts expected to follow.
China's tariff reductions offer relief to the global economy, with Australian exports set to benefit from improved trade relations.
While inflation remains a concern, the data points to a shift toward more dovish expectations for the Fed.
The US economic outlook is clouded by political uncertainties, including President Trump's tax plans and ongoing tariff disputes.
Source: Fxstreet
The Australian dollar weakened against the US dollar on Monday (November 24th), ahead of the release of important inflation data due this week. The market is focusing on Australia's first "full" month...
The Australian dollar (AUD) moved steadily against the US dollar (USD) on Thursday following the People's Bank of China (PBOC) interest rate decision. The Chinese central bank held the Loan Prime Rate...
The Australian dollar fell to around $0.652 on Monday (November 17) after the US dollar strengthened sharply. The greenback's strengthening occurred because several Fed officials began to doubt the ne...
The Australian dollar held steady around $0.651 on Thursday, holding onto recent gains after the September trade surplus widened sharply to AUD 3.94 billion (vs. August's revised AUD 1.11 billion), be...
The Australian dollar weakened to around $0.647, hitting its lowest level in eleven weeks. This decline continued as risk-off sentiment in global markets intensified, overshadowing the Reserve Bank of...
Oil steadied as investors tracked risk-on mood in wider financial markets, which countered the impact of progress in peace talks over Ukraine that could pave the way for increased crude supplies. Brent held near $63 a barrel after gaining...
Silver (XAG/USD) traded relatively stable today, with a slight increase around US$51 per troy ounce, following a strong rally in recent weeks that saw prices rise nearly 10% in a month and nearly 70% in the past year. The main sentiment remains...
The Hong Kong stock market opened higher on Tuesday morning, November 25, 2025. The Hang Seng Index rose around 0.9%, or 232 points, to 25,948.9 at the open, continuing its rally after previously gaining nearly 2% to 25,717 on Monday. Positive...
Asia-Pacific markets started the week with gains after New York Fed President John Williams signaled that a third interest rate cut is still...
U.S. President Donald Trump said fiscal revenue from his trade tariffs is set to "skyrocket" in the coming months as inventory levels among local...
European shares ended higher on Monday, boosted by technology-focused stocks as risk sentiment improved on growing expectations of a U.S. interest...
Chinese President Xi Jinping pressed U.S. President Donald Trump on the status of the self-governing island of Taiwan and urged his counterpart to...