Australian Dollar Retreats From Multi-Year Highs As RBA Minutes, China Data Loom

The post Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks appeared on BitcoinEthereumNews.com. The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday. Trump said on Friday that China’s leader Xi likely has power to sway Iran, adding that he’s not going to be much more patient on Iran, per Reuters. Earlier Thursday, Trump stated that China’s leader Xi Jinping had offered to help negotiate an end to the war with Iran and keep the Strait of Hormuz open to global shipping. However, US President said he hoped the relationship between the US and China would be “stronger and better than ever before.”  The focus is on Taiwan, as Xi warned the US President that mishandling China’s claims on Taiwan could cause “clashes and even conflicts” as the disputed island has been a

The post Chinese Yuan Gains Support From Earnings Stability, Limited FX Risk: BNY appeared on BitcoinEthereumNews.com. Chinese Yuan Gains Support From Earnings Stability, Limited FX Risk: BNY Skip to content Home Forex News Chinese Yuan Gains Support from Earnings Stability, Limited FX Risk: BNY Source: https://bitcoinworld.co.in/chinese-yuan-earnings-support-bny-analysis/

The post Australian Dollar underperforms despite positive outcomes of Trump-Xi meet appeared on BitcoinEthereumNews.com. The Australian Dollar (AUD) trades lower against its major currency peers, is down 0.25% to near 0.7240 against the US Dollar (USD) during the European trading session on Thursday. The antipodean faces selling pressure even as comments from both United States (US) President Donald Trump and Chinese leader Xi Jinping indicate that trade relations between both economies will improve from hereon. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.05% 0.08% 0.03% 0.10% 0.24% 0.07% -0.05% EUR -0.05% 0.02% -0.04% 0.04% 0.14% -0.01% -0.10% GBP -0.08% -0.02% -0.06% 0.02% 0.14% -0.03% -0.09% JPY -0.03% 0.04% 0.06% 0.05% 0.19% 0.01% -0.10% CAD -0.10% -0.04% -0.02% -0.05% 0.15% -0.05% -0.10% AUD -

The post South Korean Won Under Pressure As Volatility Persists, Says OCBC appeared on BitcoinEthereumNews.com. South Korean Won Under Pressure As Volatility Persists, Says OCBC Skip to content Home Forex News South Korean Won under pressure as volatility persists, says OCBC Source: https://bitcoinworld.co.in/south-korean-won-volatility-ocbc/

The post Australian Dollar: Fiscal loosening and contained wages – TD Securities appeared on BitcoinEthereumNews.com. TD Securities’ Global Strategy Team says Australia’s 2026/27 Budget is slightly stimulatory, with looser fiscal policy and more upbeat Treasury forecasts than the RBA. They also note Q1 wages matched expectations and remain contained for now, but higher short‑term inflation expectations could lift wage bargaining, leaving the RBA with potential for further policy tightening if Treasury’s outlook proves accurate. Budget and wages keep RBA on tightening watch “The 2026/27 Budget papers reveal a significant improvement in the underlying cash balance of A$45b over the forward estimates. “ “This budget is slightly stimulatory. The headline deficit increases from a deficit 1.6% of GDP in 2025/26 to 2.1% in 2026/27 and the headline cash deficit is projected to deteriorate vs the underlying over the next few years by roughly A$6.4b vs prior estimates. It’s not substantial, but

The post Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB appeared on BitcoinEthereumNews.com. Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB Skip to content Home Forex News Japanese Yen Recovery Faces Key Resistance Near 158.30, Says UOB Source: https://bitcoinworld.co.in/japanese-yen-recovery-resistance-158-30-uob/

The post British Pound Holds Above 1.3500 But Remains Vulnerable Near Two-Week Low appeared on BitcoinEthereumNews.com. British Pound Holds Above 1.3500 But Remains Vulnerable Near Two-Week Low Skip to content Home Forex News British Pound Holds Above 1.3500 but Remains Vulnerable Near Two-Week Low Source: https://bitcoinworld.co.in/british-pound-holds-above-1-3500-two-week-low/

The post Malaysian Ringgit Holds Steady As Economy Outperforms Expectations: Commerzbank appeared on BitcoinEthereumNews.com. Malaysian Ringgit Holds Steady As Economy Outperforms Expectations: Commerzbank Skip to content Home Forex News Malaysian Ringgit Holds Steady as Economy Outperforms Expectations: Commerzbank Source: https://bitcoinworld.co.in/malaysian-ringgit-holds-steady-commerzbank/