The US dollar rallied against the Japanese yen and commodity currencies this week, but was unable to beat the euro and the Great Britain pound. Speculations about quantitative easing tampering in December (Dectaper) were helping the currency.
November 22nd, 2013 at 15:02
The Australian dollar slid today on the treat of an intervention from the central bank. Policy makers think that the Aussie remains too strong despite the recent drop.
November 20th, 2013 at 13:25
The Australian dollar followed its New Zealand counterpart in decline today. Data from Australia was good, but it looks like the South Pacific currencies are determined to fall no matter what.
November 19th, 2013 at 13:16
The Australian dollar rose today as leading indicators advanced, overshadowing the Reserve Bank of Australia monetary policy minutes that were rather dovish.
November 18th, 2013 at 13:13
The Australian dollar rose today as signs of economic reforms in China, the biggest trading partner of Australia, improved the risk sentiment of Forex traders and prospects for nation’s exports.
November 12th, 2013 at 9:46
The Australian dollar fell against its US peer today, dropping for the fourth straight trading session, as business confidence deteriorated last month. The currency rose versus the Japanese yen.
November 08th, 2013 at 1:44
The Australian dollar dropped yesterday after poor employment data. Today, the currency maintained losses as the central bank policy statement came out rather dovish and confirmed possibility of an interest rate cut.
November 06th, 2013 at 1:17
The Australian dollar was little changed today after a report showed that the nation’s trade deficit shrank much more than was expected, supporting the opinion that an interest rate cut from the central bank is not required.
November 05th, 2013 at 16:46
The Australian dollar weakened today a bit after the central bank refrained from additional monetary easing, but complained that the currency is too strong and should depreciate in order to aid economic growth.
November 04th, 2013 at 12:54
The Australian dollar advanced today as domestic retail sales exceeded forecasts, giving hopes that the Reserve Bank of Australia will refrain from an interest rate cut. Positive data from China supported the currency too.