Forex News » Australian Dollar

Aussie Jumps to Six-Month Record as Stevens Surprises Traders

NewsInspector — Tue, 07 Feb 2012 16:39:33 +0000

The Australian dollar climbed today, erasing yesterday’s losses versus the US dollar and the Japanese yen and reaching the highest level in six months against the greenback, after the Reserve Bank of Australia surprised Forex traders by keeping its interest rates unchanged.(...)
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Aussie Finds Support in Forex Trading

MMarquit — Tue, 07 Feb 2012 15:20:11 +0000

Aussie is finding support in forex trading today as Forex traders scramble to make up for the fact that they had priced in a 0.25% cut to the interest rate. Instead of cutting, though, the Reserve Bank of Australia kept rates steady at 4.25%. The central bank considers the economic progress Down Under to be sufficient to allow for yields to remain higher.

(...)
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Aussie Reaches 5-Month High as Stocks Rally

NewsInspector — Thu, 02 Feb 2012 06:31:10 +0000

The Australian dollar reached the highest level in five months against its US counterpart as fundamental data was positive all around the world, leading to a rally of stocks.(...)
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Australian Dollar Gains on Risk Appetite

MMarquit — Thu, 26 Jan 2012 14:34:49 +0000

Australian dollar is gaining almost across the board today as risk appetite returns the Forex market. Some are interested in the idea that the news Federal Reserve won’t raise interest rates until 2014, and others assume that the Fed will increase bond purchases in the hopes that it can further stimulate the US economy, especially the labor market. Also helping the Aussie: News that Russia will start using it as a reserve currency.

(...)
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AUD Rises Even as Inflation Stalls, Reaches Record vs. JPY

NewsInspector — Wed, 25 Jan 2012 05:04:19 +0000

The Australian dollar strengthened today even after a report showed that nation’s consumer price inflation stalled in the fourth quarter of 2011. The currency reached a record high since November against the yen as Japan’s trade deficit widened.(...)
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Aussie Reaches Two-Month High as PPI Rises

NewsInspector — Mon, 23 Jan 2012 12:42:20 +0000

The Australian dollar jumped today to the highest level in more than two months after the report showed that the Australian Producer Price Index advanced in the last quarter of 2011.(...)
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Australian Dollar Gains After Weeks of Losses

NewsInspector — Sat, 21 Jan 2012 13:21:40 +0000

The Australian dollar gained against the US dollar and the Japanese yen this week after several weeks of losses. The Aussie ended flat against the euro after a long stretch of weekly gains.(...)
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Australian Employment Deteriorates, Aussie Down

NewsInspector — Thu, 19 Jan 2012 06:35:44 +0000

The Australian dollar dropped today after the report showed an unexpected decline of employment, making traders speculate about a possible interest rate cut by the Australian central bank.(...)
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Australian Dollar Higher as Consumer Confidence & Employment Improve

NewsInspector — Wed, 18 Jan 2012 03:09:39 +0000

The Australian dollar climbed as today’s report showed that confidence of Australian consumers rose and tomorrow’s data about employment is expect to demonstrate an improvement. The euro managed to outperform the currency of Australia.(...)
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EUR/AUD Slumps to Record Low After S&P Hurts Outlook for Europe

NewsInspector — Sat, 14 Jan 2012 05:02:32 +0000

The Australian dollar jumped against the euro after Standard & Poor’s harmed sentiment about Europe by cutting credit ratings of European countries. The Australian currency managed to erase losses against the US dollar and the Japanese yen despite the resulting pessimism.(...)
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