The Australian and New Zealand currencies rose today as expansion of China’s manufacturing sector beat forecasts, resulting in risk appetite and demand for growth-related currencies. The currencies lost some of their gains by now.
November 26th, 2013 at 10:45
The Australian dollar was rising at the start of today’s trading session, but the rally failed and the currency is trading below the opening level right now.
November 25th, 2013 at 18:05
The Australian dollar was flat against its US peer and rose versus the Japanese yen. The general positive market sentiment helped the currency to battle negative domestic fundamentals.
November 23rd, 2013 at 17:31
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.