‘Australian Dollar’ News Archive

Aussie Dollar Falls on New Home Loans

Tuesday, January 12th, 2010

Australian dollarThe Australian dollar fell sharply versus lower-yielding currencies today as a real estate report declined optimism regarding the South Pacific economy, in a day were commodities and equities markets which have a strong correlation with the Aussie, declined.

Aussie Hits Record High on Commodities

Wednesday, January 6th, 2010

Australian dollarThe Australian currency touched the highest level in 2 years versus the euro as commodities rates are fueling the Aussie’s rally, which also gained considerably versus the greenback during today’s session.

Aussie Dollar May Gain on Commodities

Monday, January 4th, 2010

Australian dollarThe Australian dollar may start the year gaining against refuge currencies like the yen, and currently not so attractive currencies like the pound and the euro as a global recovery expected for 2010 may trigger stronger demand for commodity exports from Australia, favoring the national currency in foreign-exchange markets.

Australian Dollar to Decline on Interest Rate Outlook

Sunday, December 20th, 2009

Australian dollarThe Australian dollar posted a significant decline this week and may extended its losses versus currencies like the U.S. and the Canadian dollar after policy makers affirmed that interest rates may not be hiked further in the short term, decreasing attractiveness for the Aussie dollar in currency markets.

Aussie Dollar Drops on Monetary Policy Change

Wednesday, December 16th, 2009

Australian dollarThe Australian dollar has been one of the best performers in currency markets during the past few months as it was the first country to raise interest rates among the wealthy nations, today the sentiment towards the Aussie changed after surprising statements from the country’s financial authorities.

Aussie Dollar Up On Renewed Dubai Optimism

Monday, December 14th, 2009

Australian dollarAfter trading near $0.90 in the end of the last week as the U.S. dollar rose against its Australian counterpart, the Aussie, pushed by renewed risk appetite, managed to climb significantly not only versus the greenback but also lower-yielding currencies.

Australian Dollar Rebounds Before U.S. Jobs Data

Friday, December 4th, 2009

Australian dollarAfter declining considerably yesterday versus the greenback, the Aussie dollar recovered today and is heading towards another weekly gain versus its U.S. counterpart as a report is likely to post favorable employment figures in the world’s largest energy consumer, raising demand for commodity linked currencies.

Aussie Dollar Rocketing on Rates Hike

Tuesday, December 1st, 2009

Australian dollarThe Australian dollar rose versus most of the 16 main traded currencies as interest rates were once again raised in the country, making the Aussie currency one of the most attractive investment in foreign-exchange markets this year.

Australian Dollar Rises on Official Comments

Wednesday, November 25th, 2009

Australian dollarThe Australian dollar had a sharp rally today versus most of the 16 main traded currencies after a government official made positive comments regarding the future outlook of the Australian economy, creating speculations that interest rates will be hiked further in the South Pacific nation.

Australian Dollar Posts Weekly Drop on Stocks

Saturday, November 21st, 2009

Australian dollarThe Australian dollar had one of the weakest performs in the past months this week as stocks declined worldwide, declining attractiveness for riskier assets as the opportunities available in the Australian high-yielding financial markets, forcing also the New Zealand currency down.


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