Tuesday , 4 March 2025
Home Forex Australian Dollar rises as US Dollar struggles amid easing fears of inflation spikes
Forex

Australian Dollar rises as US Dollar struggles amid easing fears of inflation spikes

The Australian Dollar (AUD) halted its six-day losing streak on Monday, buoyed by a weaker US Dollar (USD) following the release of January’s Personal Consumption Expenditures (PCE) inflation data on Friday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Goldman Sachs vs. the Reserve Bank of Australia (OK, not really)

The Australian Financial Review Business Summit brings together speakers from across industries....

The US has ‘paused’ all current military aid to Ukraine

US has 'paused' all current military aid to Ukraine says Bloomberg, citing...

Japan finance minister Kato says Japan is not devaluing the yen

Japan finance minister KatoJapan is not pursuing a policy of devaluaing the...

Japan January Unemployment Rate 2.5% (vs. 2.4% expected)

Japanese labour market data for January 2025Unemployment Rate 2.5% 2.4% expected, prior...