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The Australian Dollar sustained widespread losses in a risk averse market last week, leaving AUD/USD on the cusp of a big technical breakdown that could expose the antipodean currency to the risk of further losses in the days and weeks ahead.
December 6,2021
The Australian Dollar is forecast to rise in 2022 by analysts at global lender and investment bank ING, but it also faces the greatest downside risks of its G10 peers.
December 1,2021
The Australian Dollar is the most oversold it has been since the August 2021 - Westpac.
November 30,2021
GBP/AUD benefiting from USD’s Fed-driven uplift and may attempt recovery of 1.86, if USD rises further.
November 24,2021
Charts of GBP/AUD show bullish technical patterns amidst a bull flag and channel breakout.
November 22,2021
The Australian Dollar was a laggard among major currencies midweek after an official measure of wage growth appeared to vindicate the RBA’s scepticism about market expectations for interest rates.
November 17,2021
The Australian dollar has come under pressure after the RBA's minutes of the last meeting once again made the case that the first interest rate hike was not likely before 2024.
November 16,2021
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