AUDUSD

Federal Reserve Chair Jerome Powell warned yesterday that the US economy could slip into a downward spiral if the coronavirus is not effectively controlle…

US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke by phone for about an hour on coronavirus economic relief. The renewed effort in…

The Australian dollar rose 0.26% to $0.7176 after the Australian government announced additional wage subsidies to help the labour market. The S&P/ASX…

US and European indices fell sharply after US president Trump said he had tested positive for Covid, with Asian stocks also down and the US dollar climbin…

US indices gained in Asian time during the Biden-Trump presidential debate but then retreated after President Trump cast doubt on whether he would accept…

The euro steadied at $1.1680 as recovery was capped by European Central Bank President Christine Lagarde’s remarks. She stressed that the external v…

European futures are edging higher this morning, with the Stoxx Europe 50 benchmark looking to avoid its worst week since June. The German DAX slipped 0.3…

The US dollar touched a two-month high as appetite for riskier assets fell over concerns regarding the resilience and economic recovery in the United Stat…

The US dollar rose against major currencies supported by positive economic data and concerns about a second wave of coronavirus infections in Europe and B…

The Aussie hit a six-week low on growing expectations the Reserve Bank of Australia may cut interest rates next month. Many now expect the RBA to lower in…

London shares continued to fall this morning, suffering their worst sell-off in more than three months after new lockdown restrictions were put in place j…

The Chinese yuan up has gained more than 1% this month, having hit a 16-month peak last week rising 0.2% to 6.7681 per dollar. It has been helped by forei…

The Federal Open Market Committee held interest rates near zero and signalled they would stay there until the US gets back to maximum employment and 2% in…

The World Trade Organisation (WTO) ruled that American tariffs on Chinese goods violate international rules. A panel of three WTO trade experts said the U…

UK Prime Minister Boris Johnson’s plan to renege on part of the Brexit divorce deal passed its first hurdle in Parliament yesterday after a fiery de…

The yuan jumped to a 16-month high as a series of fundamental Chinese data points to economic recovery. Industrial output accelerated the most in ei…