The Australian dollar dipped today, falling to a new multi-year low against its US counterpart. The currency declined even though macroeconomic data from Australia was positive and should have supported the currency.
December 04th, 2014 at 11:51
December 03rd, 2014 at 3:02
The Australian dollar fell today, reaching the lowest rate since July 2010 against its US counterpart. The currency dropped as Australia’s economic growth slowed, missing analysts’ projections.
December 02nd, 2014 at 6:00
The Australian dollar rallied today, rising for the second consecutive trading session. The currency advanced as the central bank left interest rates unchanged while macroeconomic indicators exceeded economists’ expectations.
December 01st, 2014 at 17:54
The Australian dollar managed to bounce after the initial drop today. The currency rose even though fundamentals were not particularly supportive. The Aussie dropped to the new multi-year low against the US dollar previously.
November 28th, 2014 at 16:53
The Australian dollar followed the footsteps of its New Zealand counterpart, failing to rally against the US dollar yesterday and trimming today’s losses. The currency also rallied versus the Japanese yen.
November 26th, 2014 at 1:56
The Australian dollar rallied today even as central bank’s officials continued to complain about the excessive strength of the currency. The Aussie was down during two previous trading sessions. Today’s trading may be choppy because of light volume due to a holiday in the United States.
November 21st, 2014 at 21:54
The Australian dollar climbed today, reaching the highest level in more than a year and half against the Japanese yen. The rally followed a surprise interest rate cut from China’s central bank.
November 20th, 2014 at 13:03
The Australian dollar fell earlier today as economic data from around the world suggested that global growth is losing steam. Yet the currency demonstrated resilience and bounced back to the opening level as of now.
November 18th, 2014 at 12:53
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.