The Australian dollar edged down today as surprisingly poor economic data reignited speculations about potential interest rate cut from the central bank as recovery does not look stable enough yet.
October 01st, 2013 at 5:01
The Australian dollar jumped today as domestic fundamentals and the Reserve Bank of Australia policy decision propelled the currency higher, allowing it to overcome the negative impact of risk aversion, created by the US government shutdown.
September 30th, 2013 at 17:50
The Australian dollar followed its New Zealand counterpart to the upside even though economic data from China, the major Australia’s trading partner, was not particularly encouraging.
September 28th, 2013 at 15:21
This week was mixed for the dollar as US politicians were debating about the issue of the budget and the debt ceiling, increasing demand for safer currencies, including the greenback, but hurting the appeal of the US currency at the same time.
September 23rd, 2013 at 11:34
The Australian dollar rose today after a report of China’s manufacturing was released on the weekend, showing that the sector expanded this month with faster pace than was predicted by analysts.
September 19th, 2013 at 13:37
Aussie jumped higher after the announcement that the Federal Reserve would not start tapering its asset purchases this month. However, after its earlier performance, the Australian dollar has eased back, and is now heading lower against its major counterparts.
September 18th, 2013 at 14:42
The Australian dollar was a bit soft today after yesterday’s gains amid uncertainty on the Forex market caused by today’s announcement of the Federal Reserve policy decision. Losses were limited as domestic fundamental reports were favorable.
September 16th, 2013 at 20:02
The Australian dollar jumped today after investors’ appetite for risk bolstered riskier currencies. Yet the Aussie trimmed gains against the Japanese yen and retreated versus the US dollar as of now.
September 14th, 2013 at 17:36
This trading week was not good for the US dollar even as traders continued to speculate about possible quantitative easing tampering at the next week’s Federal Reserve policy meeting. The currency ended the week mostly lower against other majors.
September 12th, 2013 at 11:29
The Australian dollar dipped today after the employment report came out far worse than was expected, triggering speculations about possible interest rate cut.