Australian Dollar News Archive

Australian Dollar Gains on Risk Appetite

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 [...]

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

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.

Aussie Reaches Two-Month High as PPI Rises

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.

Australian Dollar Gains After Weeks of Losses

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.

Australian Employment Deteriorates, Aussie Down

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.

Australian Dollar Higher as Consumer Confidence & Employment Improve

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.

EUR/AUD Slumps to Record Low After S&P Hurts Outlook for Europe

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.

Aussie Struggles Higher against US Dollar

Aussie is struggling higher against the US dollar today, working to regain some of the losses due to the latest Chinese inflation report. Aussie is running into some trouble, though, as Forex traders move between risk appetite and risk aversion. Conflicting signals are the order of the day.

Aussie Mixed in Forex Trading

Aussie is down against the US dollar as risk aversion continues today, but up against the euro. Concerns about the eurozone crisis have sharpened, and that has investors and Forex traders alike jumpy about what could be next for the global economy. As a result, the Australian dollar is seeing gains against a weaker euro, but losses against the greenback, which is used as a safe haven.

Aussie Jumps with Asian Stocks & Manufacturing

The Australian dollar jumped today as Asian stocks advanced and nation’s manufacturing expanded, increasing attractiveness of Australia’s currency.

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