Jason Chen 
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD Off the back of an intense trading day on Friday, the Australian Dollar managed to end the week higher against the US Dollar, rising by 0.89% to finish at $0.6468 despite falling for four straight days over the first four trading days of the week. Earlier this week, both the … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD Fuelled by 2 strong trading days in the middle of the week, the Australian Dollar continued its trend in the previous week and rose slightly against the greenback, by 1.61% to 64 US cents. The Aussie Dollar extended its recovery against the US Dollar this week, after a decline in … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD The Australian Dollar made 3 consecutive days of small gains over the last 3 trading days of the week but could not recover the losses made on Monday and Tuesday to further slip against the US Dollar, falling by 2.74% to 0.6194. Inflation figures in the US were released on … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD The Australian Dollar closed lower at 0.65260 against the greenback, a fall of 2.89% over the close of the previous week. On Wednesday, the Federal Reserve announced a 75 basis point increase to the Federal Funds Rate, bringing the target range to 3-3.25%. The fifth rate hike this year also … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD The Australian Dollar closed the week slightly higher, up 0.28% to close a fraction below 70 US cents. In line with market expectations, the Federal Reserve raised the Federal Funds Rate by 75 basis points on Thursday to bring the target range to 2.25%-2.50%. This was accompanied by a dovish … Read more
FUNDAMENTAL ANALYSIS Jason Cheung AUD/USD The Australian Dollar rose 0.56% over the past week to trade at 0.6859 as the pair attracted dip-buyers from the recessionary fears that spread in previous weeks. US wages growth remains strong as non-farm payrolls added 372,000 jobs to the US economy while the unemployment rate remained steady at 3.6%. … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD On Friday 10th June, the US Bureau of Labor Statistics released its CPI data for May, which revealed that the headline figure had risen by 1% month-on-month and that the annualised rate of inflation increased to 8.6%, the highest level since 1981. To combat surging inflation, the Federal Reserve has … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD AUD/USD To close the week, the Australian Dollar slipped by 0.68% to the 0.7440 range against the greenback after hitting a near 1 year high of 0.7660 on the second trading day of the week, the 5th of April. In the RBA cash rate decision meeting this week, the committee … Read more