The Australian dollar rose today, reversing yesterday’s fall, as the minutes of the Reserve Bank of Australia’s monetary policy meeting weren’t as dovish as analysts expected, considering the decision to lower the interest rates.
Aussie Feels Good as Stream of Bad News Pauses
December 16th, 2011 at 6:11
The Australian dollar advanced today as the good news from Europe and the positive macroeconomic data from the United States helped to brighten mood of traders, who felt tired from the constant stream of bad news.
Aussie Trades Flat, Australian Consumers Pessimistic
December 14th, 2011 at 11:05
The Australian dollar traded flat today with upward bias even though the report showed an unexpected drop of the consumer sentiment in Australia. The same pattern of sideways trading was seen yesterday in the first half of the trading session, but later most currencies have broken to the downside.
Australian Dollar Down on Europe & Domestic Fundamentals
December 13th, 2011 at 6:04
Australian dollar rose a little today. The currency dropped yesterday as concerns about the future of the European Union reemerged. The domestic fundamental also weren’t supportive for Australia’s currency.
Aussie Drops as RBA Reduces Main Interest Rate
December 06th, 2011 at 15:34
The Australian dollar weakened today after the Reserve Bank of Australia cut its key interest rate as the unfavorable developments in the global economy justified easing of the monetary policy.
AUD Declines, Still Can End Week with Gains
December 02nd, 2011 at 3:27
The Australian dollar fell today on the speculation that the European leaders will struggle to find an accord regarding measures for dealing with the region’s crisis. Still, the currency is likely to end this week with impressive gains.
Aussie Falls After Yesterday’s Surge
December 01st, 2011 at 2:17
The Australian dollar surged yesterday as most other currencies, but today it relinquished its gains as the domestic fundamentals hurt the prospects of the currency.
Aussie Rallies as Traders Again Favor Risk
November 28th, 2011 at 23:12
The Australian dollar advanced today as risk appetite returned to the Forex market, increasing the attractiveness of the currencies with higher-yield.
Another Week of Risk-Off, Yen in Demand
November 19th, 2011 at 15:27
The Japanese yen was rising through this week as concerns about the European debt crisis returned to markets with new strength, reassuring that safe assets would be in high demand.
AUD Higher Today After Yesterday’s Decline
November 17th, 2011 at 6:23
The Australian dollar pared its yesterday’s decline, but the outlook for the currency is still rather pessimistic. The Australian currency extended its yesterday’s fall against the euro.
