AUD/USD Live News

This page provides live coverage and news analysis on the AUD/USD currency pair

Advertiser Disclaimer
Top8forexbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate.Prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Top8forexbrokers does not bear any responsibility for any trading losses you might incur as a result of using this data.
Top8forexbrokers or anyone involved with Top8forexbrokers will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Mar. 3, 2021

A slow down? after three days of going up, Australian dollar is flat today, hovering around 0.7826

Live - Updated 50 minutes ago.

AUD/USD trading at 0.7826 with no clear-cut direction, ranging between 0.784 and 0.7815. (Start trading Australian dollars at FXTM today).

This in-between state of the Australian dollar is reflected by market data published as Australia's Interest Rate published yesterday at 3:30 AM came out at 0.1. The indicator value matched both the projected value and the previous data of 0.1. Data for Australia GDP released today at 12:30 AM came out at -1.1, beating projections of -1.8 and showing improvement over the preceding figure of -3.7. Australia Building Approvals (MoM) (Jan) fell short of the -3 projections, with -19.4 and continued its downward trajectory from the previous figure of 12.

Visual analysis of the Aussie/Dollar's price graph shows the Australian dollar resistance level is at 0.7965. In terms of trend indicators, we can see that at 0.7832, Aussie/Dollar made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend.

Overall, looking at the technical analysis landscape, it seems the Australian dollar might start pointing upward in the short term.

While the Aussie/Dollar is pretty flat so far today, mixed performances are seen elsewhere as NASDAQ is trading around 13,358.79 (down 230.04 points).

Data to be released later might clear up some of the fog for the Australian dollar, as the Australia's Retail Sales figure was projected at 0.6 while it previously stood at 0.6, data will be released tomorrow at 12:30 AM. Australia's Balance of Trade is projected to come out at 6.50 billion – worse than previous data of 6.79 billion, Data will be released tomorrow at 12:30 AM. United States Crude Oil Inventories are expected to decline to -928,000 when its preceding data was 1.28 million, data will be available today at 3:30 PM.

Australian dollar social media highlights:

follow us:

Week to date

Australian dollar is trading around 0.7826 after starting the week at 0.7752 (up 0.95%) .

Trading week in a glance - AUD/USD is hesitant but green - from an earlier low of 0.7718, AUD/USD is up to 0.7826 gaining 73 pips compared to the 0.7752 start of the week (0.95%). (Trade Australian dollars with FXTM now).

A look at other markets shows behavior that usually indicates a green move for the Aussie/Dollar as the Dollar/Yen hits 106.96, highest rate in 7 months. A new 11 month high for GBP/CAD at 1.7778. Crude oil made its largest single-week drop ($3.17) since October 2020

At the same time, at 1.5196, EUR/CAD is down to its lowest value in 8 months. Gold fell to $1,708.4, hitting an 8 month low.