AUDUSD | Australian Dollar (AUD) to US Dollar (USD) Rate in the Forex market

In the first few days, the most likely scenario will be a decline followed by sideways movement along the support boundaries. A reversal and resumption of the price rise will...

The dollar continued to lose its edge versus risk assets, and coordinated currency interventions played a role. Although the US services sector released a fairly decent report, it must...

The pound and euro provided excellent trading opportunities today using the Mean Reversion strategy. I traded the Japanese yen using Momentum. As expected, the lack of important eurozone economic data...

The absence of significant data from the U.S. was the main reason the dollar had to give up some ground against riskier assets yesterday. Without fresh data, the American currency...

The U.S. dollar continued to strengthen its advantage against risk assets, aided by decent U.S. reports. Yesterday, the dollar reacted with gains to the U.S. data. According to the report...

The euro could be traded fairly well today using the Mean Reversion strategy. I did not take any trades using Momentum. The absence of eurozone economic data affected euro volatility...

Market activity has noticeably decreased. Participants are focused on the publication of the PCE index today and Kevin Warsh's speech at Jackson Hole at the end of this week. Let's...

The July employment data for Australia, published on August 20, was the main event of the week and delivered an unpleasant surprise. The economy lost 15,800 jobs, against an expected...

Today, I attempted to trade the British pound using the Mean Reversion strategy, as I did with the Australian dollar, but no major counter-movements materialized. I traded the Canadian dollar...

The euro, pound, and other risky assets managed to hold their positions against the U.S. dollar yesterday, which may allow for the continuation of a bullish market. Yesterday afternoon...