Fundamental Analysis Category

Australian Dollar’s Gains Limited by Stronger US Dollar, Awaiting ISM PMI On Monday, the Australian Dollar (AUD) showed signs of recovery, offsetting some of its recent losses. This upward movement appears to have been driven, in part, by encouraging Purchasing Managers Index (PMI) data from China, suggesting a positive outlook for the Australian economy due

Aussie Dollar Weakens Against Rising US Dollar, Awaits Retail Sales Data The Australian Dollar (AUD) continued its downward trajectory for a second day in a row during Wednesday’s trading session, with the AUD/USD pair facing losses. This decline comes in the wake of weaker-than-expected Australian consumer price data, sparking speculation about a possible shift in

Australian Dollar Falls as US Dollar Strengthens, Attention on Fed Chair Powell’s Speech The Australian Dollar (AUD) faced a downturn for the second day in a row on Friday, influenced by the strengthening US Dollar (USD). This change in the currency market came in the wake of mixed signals from the US economic data. The

Pound Sterling Declines Amid UK’s Mild Inflation and Risk-Averse Market Mood In Wednesday’s trading session in London, the Pound Sterling exhibited significant volatility following the release of unexpectedly mild Consumer Price Index (CPI) data for February by the UK’s Office for National Statistics (ONS). The data showed a deceleration in annual headline and core inflation

China’s February New Bank Loans Decrease Beyond Expectations, Hitting Record Low Lending Growth In China, new bank lending in February experienced a sharper decline than anticipated from a record high in January, as the central bank continues efforts to stimulate the country’s sluggish economic growth and counter deflationary trends. According to Reuters’ calculations based on