AUD

AUDUSD corrects to the downside today but stays above a support area

• The AUDUSD has as swing area support at 0.6635 – 0.6648

AUDUSD Technical Analysis – Breakout or fakeout?

• The AUDUSD pair finally broke above the key resistance following the US CPI report. What’s next?

Australian dollar has lost a few spreads on the unemployment rate jump back above 4%

• Australia's April jobs report is not good.

Australian April unemployment rate 4.1% (vs. 3.9% expected)

• Employment report from Australia for April 2024

RBA's Hunter comments on housing market, not directly on the economy or monetary policy

• Sarah Hunter is Chief Economist and Assistant Governor (Economic) at the Reserve Bank of Australia

Australian jobs report due today - meanwhile the RBA remain comfortable with wage growth

• Australian wages data was published yesterday - responses

The news out of China is supporting the Australian dollar, and there's more on Friday

• Will Friday's news be as supportive?

Westpac eyes a stronger AUD/USD

• Westpac highlights a long AUD/USD trade on its radar

AUDUSD runs higher, extending above the recent ceiling area. What next?

• The next swing area is in play along with the 61.8% comes in between 0.66759 to 0.66896

AUDUSD Technical Analysis – Will we finally break the resistance?

• The AUDUSD pair trades near the key resistance zone around the 0.6650 level. What’s next?

RBA assistant governor (Economic) Hunter will speak on Housing on Thursday (Sydney time)

• Interest rates are a key interest for housing markets, so expect something for traders from this

AUD/USD gaining further on news out of China of a plan to buy millions of unsold homes

Australia data - Wage Price Index for Q1 2024: +0.8% q/q (expected +0.9%)

• Australian wage rises miss estimates and lower than prior ... still though, not falling away rapidly

AUDUSD down and back up. Trades above and below 50% midpoint of range since Dec. high

• The 50% of the move down from the December high comes in at 0.66159. Key barometer going forward.

Reserve Bank of New Zealand expected on hold at its May 2024 meeting - preview

• The RBNZ is expected to leave its cash rate at 5.5%