The Australian dollar (AUD) extended its losses against the US dollar (USD) on Monday (6/16). The AUD/USD pair remained subdued for the second straight session amid rising tensions in the Middle East. The AUD held losses after the release of key Chinese economic data, given that Australia and China are close trading partners.
China Retail Sales rose 6.4% year-on-year in May, beating estimates of 5.0% and a 5.1% increase in April. Meanwhile, Industrial Production increased 5.8% YoY but below estimates of 5.9% and 6.1% previously.
Israel and Iran continue to exchange attacks despite international calls for diplomacy and de-escalation, according to CNN. Iran fired several waves of ballistic missiles at Israel. Iran's Revolutionary Guard said their missiles successfully targeted Israeli military industrial centers and fuel facilities.
According to local officials, 224 people have been killed in Iran and 14 in Israel. At least 1,277 people have been injured since Israel launched a wave of attacks on Friday, according to Iran's Health Ministry.
Iran has told mediators Qatar and Oman that Tehran "will not negotiate under attack," according to an official briefed on the negotiations. The source said that "reports that Iran has contacted Oman and Qatar with a request to involve the United States to broker a ceasefire with Israel and possibly renew nuclear negotiations are inaccurate."(alg)
Source: FXstreet
AUD/USD firms as traders brace for Australia Q3 inflation data and Fed decision The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday, extending its winning streak for the f...
The Australian dollar (AUD) rose to around $0.656 on Tuesday, its highest level in nearly three weeks. This increase was primarily due to the weakening US dollar (greenback). US market participants aw...
The Australian dollar strengthened against the US dollar on Wednesday, recouping the previous session's losses. This boost came from comments by RBA Assistant Governor Sarah Hunter: recent data appear...
The Australian dollar (AUD) strengthened to around 0.6530 against the US dollar (USD) in the Asian session on Monday, after falling more than 1% in the previous trading session. This strengthening occ...
The Australian dollar strengthened to around $0.657 on Friday (October 10), rebounding from a nearly two-week low. This gain came after RBA Governor Michele Bullock struck a cautious tone: services in...
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) dropping to 48.7 from 49.1 in September. This...
The S&P 500 rose on Monday, led by tech, as a new month of trading began. The benchmark gained 0.5%, while the Nasdaq Composite advanced 1%. The Dow Jones Industrial Average climbed 18 points. Micron Technology gained 5% to lead chipmaker...
Gold prices held near $4,000 an ounce after a weak start on Monday, as China ended long-standing tax breaks for some retailers. This change could weigh on demand in one of the world's largest precious metals markets. Gold bullion prices for...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
As the U.S. government shutdown disrupts federal employee paychecks across the country, it also exacerbates the financial hardship of attorneys who...