XM does not provide services to residents of the United States of America.
A
A

AUDUSD

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Dollar struggles for direction, ether supports crypto rally

FOREX-Dollar struggles for direction, ether supports crypto rally Recasts, adds comments, background By Stefano Rebaudo and Rae Wee May 21 (Reuters) - The dollar struggled for direction on Tuesday as investors stuck to their views of the expected timing of Federal Reserve monetary easing this year. Cryptocurrencies rallied, led by a surge in ether ETH= on good risk appetite and growing anticipation of an impending approval of spot ether exchange-traded funds (ETFs) by the U.S.
A
E
E
G
N
U
B

Dollar steady; ether sparks crypto rally

FOREX-Dollar steady; ether sparks crypto rally Updates prices at 0500 GMT By Rae Wee SINGAPORE, May 21 (Reuters) - The dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly rangebound as investors generally stuck to their views of the expected timing and extent of Federal Reserve rate cuts this year.
A
E
E
G
N
U
B

Australia, NZ dollars run out of puff, ponder rate outlooks

Australia, NZ dollars run out of puff, ponder rate outlooks By Wayne Cole SYDNEY, May 21 (Reuters) - The Australian and New Zealand dollars faltered on Tuesday as momentum from last week's rally seeped away and markets pondered the outlook for steady interest rates at home. The Aussie drifted off 0.2% to $0.6654 AUD=D3 , having repeatedly failed to re-take its recent four-month top of $0.6714. Support lies under $0.6650 and around $0.6630. Sentiment was aided by strength in prices for Australia'
A
A
E
N

AUD a buy on dips as multiple factors buoy outlook

BUZZ-COMMENT-AUD a buy on dips as multiple factors buoy outlook May 21 (Reuters) - The Australian dollar looks poised to outperform its peers as diverging central bank interest rate expectations, surging prices for base and precious metals and carry-trade demand work in its favour. The Aussie is hovering near highs traded in early January versus the U.S.
A
A
E
G

Dollar steady; ether fuels crypto rally

FOREX-Dollar steady; ether fuels crypto rally By Rae Wee SINGAPORE, May 21 (Reuters) - The dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly rangebound as investors generally stuck to their views of the expected timing and extent of Federal Reserve rate cuts this year. Cryptocurrencies rallied, led by a surge in ether ETH= on growing anticipation of an impending approval of spot ether exchange-traded funds (ETFs) by the U.S.
A
E
E
G
N
U

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.