The Australian dollar rallied after the minutes of the latest central bank’s policy meeting but retreated later and now trades near the opening level. It is possible that the currency will fall even further.
November 17th, 2014 at 11:30
It’s been a choppy morning of trading so far, thanks in large part to the surprise data that shows Japan is in recession. The move has certainly impacted the Australian dollar, leading to wild swings in earlier trading. Now, though, the Aussie has settled down a little bit and is moving lower against most of its major counterparts.
November 13th, 2014 at 10:31
The Australian dollar dipped against its US counterpart and the Japanese yen at the start of today’s trading session but jumped after the gauge of inflation expectations rose.
November 07th, 2014 at 4:15
The Australian dollar held steady during the current trading session after the release of the central bank’s policy minutes and the report about the construction sector. Yesterday, the currency fell against the US dollar, rose against the euro and was flat against the Japanese yen.
November 06th, 2014 at 10:49
The Australian dollar bounced today after touching the lowest level in more than four years against its US counterpart. Australia’s employment data released during the current trading session was rather positive and contributed for the Aussie’s bounce.
November 04th, 2014 at 4:56
The Australian dollar was falling today due to mixed macroeconomic data but rebounded after the central bank’s policy meeting, even though monetary policy remained unchanged and the statement from the bank was not particularly hawkish.
November 03rd, 2014 at 14:39
The Australian dollar dropped against its US counterpart due to negative economic data from Australia. At the same time, the currency managed to reverse its losses versus the Japanese yen and reached the highest level in a year and a half.
October 25th, 2014 at 12:02
This week was mixed for the US dollar which rose against some major currencies, like the euro and the Japanese yen, but fell against commodity-linked currencies, including the Australian and the Canadian dollar.
October 23rd, 2014 at 5:10
The Australian dollar edged lower today even as economic indicators from Australia and abroad were supportive for the currency. Yesterday’s positive economic data from the United States made traders to prefer the US currency over riskier ones.
October 21st, 2014 at 4:50
The Australian dollar advanced against its US counterpart for the third straight session today and rose against other most-traded currencies as well with the help of positive economic data from China. The Aussie was unable to maintain its rally versus the Japanese yen but kept rising against the greenback and the euro.