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AUD/USD, China, Australian Dollar, Risk Trends: Talking Points


With Asia-Pacific sectors set for a peaceful session, investors tidy up for a hectic one. The Chinese markets are set to close the equity and bond operations amid a week-long holiday. Meanwhile, AUD/USD aims to continue its late-week rebound after setting a new low. Another surprising news came...

AUD Forecast: AUD/USD May Swing After Chinese Industrial Profits


The Australian dollar might make a comeback against the USD this week. Australian forex brokers are keeping a close eye on Chinese industrial profits to assess AUD’s movements. The profits will be broadcast at 1:30 GMT, deciding AUD’s short-term future. The industrial sector has witnessed gradual...

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Australian Dollar Prediction AUD-USD Sees Domestic Data Prints Before NFP


The Australian dollar, a risk-sensitive currency,  is surging after the closing of the Asia-Pacific trading week. Another factor supporting its growth is the data regarding US jobs, showing relief in the number of infected. During the recent Wall Street trading session, traders dropped the...

AUD/JPY Is in Focus for the End of Week Risk Events


The Aussie dollar has remained relatively stable in recent months, rising in comparison to weaker counterparts such as the Japanese yen. AUD/JPY – Australian Dollar/Japanese Yen is highly correlated to the risk appetite, which is used as a risk gauge in the currency market. According to forex...

Trouble in AUD/USD Heighten After PMIs Record a Dip


The fresh PMI outlook: Monday’s session started with the Australian dollar responding to a new set of economic data. The performance is coming in after a weak performance of the Australian dollar in the previous week. The PMI data that Markit International released on Monday morning shows...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

Serverless CloudFlare Workers Are Pretty Awesome


Serverless is the new black. I mean everybody I know is moving to the serverless platforms or launching one. OK, maybe not everyone but CloudFlare is definitely moving in this direction with an aud

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