The Australian dollar retained its weakness today after yesterday’s detrimental economic reports. While the currency regained some of its strength against the euro, the Aussie remained soft against the US dollar and the Japanese yen.
June 02nd, 2015 at 12:47
The Australian dollar rallied today following the monetary policy statement from the Reserve Bank of Australia. The central bank did not change its policy, and the statement did not say anything particularly new, but also did not mention a possibility of an additional interest rate cut.
May 19th, 2015 at 12:11
The Australian dollar fell against its US counterpart today after the Reserve Bank of Australia released minutes of its May policy meeting, during witch the central bank has cut interest rates. Yet the drop was not big, and the Aussie actually managed to gain on the euro.
May 15th, 2015 at 10:34
Australian dollar is paring some of its earlier gains right now, which should be a relief to the Reserve Bank of Australia, which has been trying to encourage a weaker Aussie for the sake of economic stimulus.
May 07th, 2015 at 11:21
After moving above the US80¢ earlier, the Australian dollar is struggling. Thanks to disappointing employment data and a rate cut earlier this week, the Aussie is feeling a little weak against some of its counterparts.
April 28th, 2015 at 11:44
Aussie is gaining ground today, but it’s not as much about strength Down Under as it is about weakness in the United States.
April 23rd, 2015 at 22:39
The Australian dollar fell during the Thursday’s trading session as economic data from both Australia and its biggest trading partner, China, pushed the currency lower. The Aussie managed to erase losses versus the US dollar and the Japanese yen but retained soft performance against the euro.
April 21st, 2015 at 19:37
The Australian dollar dropped today after the release of minutes from the Reserve Bank of Australia, though the decline was rather limited. The Aussie even managed to gain on the Japanese yen.
April 15th, 2015 at 14:49
The Australian dollar fell today after economic data from Australia and China disappointed market participants. As of now, the currency almost erased its drop against the US dollar and trimmed losses versus the Japanese yen.
April 13th, 2015 at 11:33
Australian dollar is heading lower today, thanks mainly to disappointing Chinese data. With Chinese data down, and concerns about the Australian economy, there is speculation that the RBA will have to consider cutting rates again.