The Australian dollar was trading below the opening level today as traders are waiting for tomorrow’s monetary policy decision from the Reserve Bank of Australia. Prospects for an interest rate cut hurt the attractiveness of the Aussie.
February 26th, 2015 at 11:11
The Australian dollar fell at the start of today’s trading session as macroeconomic data from Australia disappointed trades. Yet for whatever reason the currency managed to bounce and is trading above the opening level right now.
February 16th, 2015 at 17:11
The Australian dollar was neutral-to-lower today as nation’s macroeconomic data was lackluster, making the currency unable to profit from the strong performance of the commodity market.
February 12th, 2015 at 17:16
The Australian dollar gained against its US peer today, but it was a result of the greenback’s weakness not the strength of the Aussie. As an evidence of this, the Australian currency dropped versus the Japanese yen.
February 10th, 2015 at 13:33
The Australian dollar continued to rally against the Japanese yen today following yesterday’s gains but fell against other major currencies including the US dollar. News from Australia itself was good but reports from China were disappointing.
February 09th, 2015 at 14:39
The Australian dollar rose today due to signs of continuous improvement of Australia’ labor market. The number of jobs advertisements grew for the eighth consecutive month in January, suggesting that the Australian economy performs relatively well.
February 05th, 2015 at 13:05
The Australian dollar edged higher today even though fundamentals, both domestic and overseas, were not particularly supportive for the currency. The currency has been surprisingly resilient after the unexpected interest rate cut from the Australian central bank.
February 03rd, 2015 at 11:23
Australian dollar is heading much lower today, dropping across the board following a rate cut from the Reserve Bank of Australia. Concerns about economic growth are weighing on policymakers, and they feel that this is the best move they can make to help spur the economy forward.
January 30th, 2015 at 18:23
The Australian dollar demonstrated mixed performance today as economic data from Australia matched analysts’ predictions. The Aussie was flat against the US dollar, rose versus the euro and fell against the Japanese yen.
January 29th, 2015 at 12:13
The Australian dollar fell today, sinking to the lowest level since July 2009 against its US counterpart and reaching the lowest since March 17, 2014, versus the Japanese yen. The currency declined due to Australia’s economic data that was not particularly good.