The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies.
February 02nd, 2012 at 6:31
The Australian dollar reached the highest level in five months against its US counterpart as fundamental data was positive all around the world, leading to a rally of stocks.
January 26th, 2012 at 14:34
Australian dollar is gaining almost across the board today as risk appetite returns the Forex market. Some are interested in the idea that the news Federal Reserve won’t raise interest rates until 2014, and others assume that the Fed will increase bond purchases in the hopes that it can further stimulate the US economy, especially the labor market. Also helping the Aussie: News that Russia will start using [...]
January 25th, 2012 at 5:04
The Australian dollar strengthened today even after a report showed that nation’s consumer price inflation stalled in the fourth quarter of 2011. The currency reached a record high since November against the yen as Japan’s trade deficit widened.
January 23rd, 2012 at 12:42
The Australian dollar jumped today to the highest level in more than two months after the report showed that the Australian Producer Price Index advanced in the last quarter of 2011.
January 21st, 2012 at 13:21
The Australian dollar gained against the US dollar and the Japanese yen this week after several weeks of losses. The Aussie ended flat against the euro after a long stretch of weekly gains.
The Australian dollar dropped today after the report showed an unexpected decline of employment, making traders speculate about a possible interest rate cut by the Australian central bank.
January 18th, 2012 at 3:09
The Australian dollar climbed as today’s report showed that confidence of Australian consumers rose and tomorrow’s data about employment is expect to demonstrate an improvement. The euro managed to outperform the currency of Australia.
January 14th, 2012 at 5:02
The Australian dollar jumped against the euro after Standard & Poor’s harmed sentiment about Europe by cutting credit ratings of European countries. The Australian currency managed to erase losses against the US dollar and the Japanese yen despite the resulting pessimism.
January 12th, 2012 at 16:13
Aussie is struggling higher against the US dollar today, working to regain some of the losses due to the latest Chinese inflation report. Aussie is running into some trouble, though, as Forex traders move between risk appetite and risk aversion. Conflicting signals are the order of the day.
