NZD Gains for 4th Day Against U.S. Dollar

Thursday, May 21st, 2009

New Zealand dollarThe New Zealand dollar rose for the fourth straight day against its U.S. counterpart and advanced for the second day versus the Australian dollar today, assisted by the signs of the global recession’s easing.

Australian Dollar Hits 7-month High on Favorable Employment Data

Thursday, May 7th, 2009

Australian dollarThe Aussie rose against the yen after a regional jobs report in Australia showed an increase in employment conditions and data.

AUD Falls on Weak Business Confidence

Tuesday, December 9th, 2008

Australian dollarThe Australian dollar declined today against the U.S. dollar and the Japanese yen as the country’s stock markets fell after the report on the November business confidence came out showing the record low reading for the index.

Aussie, Kiwi Rise on China’s Stimulus Plan

Monday, November 10th, 2008

Australian dollarThe Australian and New Zealand dollars rose against the U.S. dollar and the Japanese Yen compared to the last Friday’s close levels as the China said that the government will provide $586 billion of liquidity help to the national economy.

Aussie Declines After Interest Rate Cut

Tuesday, November 4th, 2008

Australian dollarThe Australian dollar reversed its yesterday gains versus the U.S. dollar and the yen after the Reserve Bank of Australia announced its decision to reduce the target cash rate today.

Australian Dollar Falls on Housing Decline

Wednesday, July 30th, 2008

Australian dollarThe Australian dollar fell today to the the one-month lowest level against the U.S. dollar after the report of unexpected drop in housing approvals in June.

AUD at 25-Year High against Greenback

Monday, June 30th, 2008

Australian dollarThe Australian dollar reached a record high value since February 1983 against its counterpart from the United States today as the USD slumped and the commodity currencies grew on optimism.

Aussie Falls on Employment Drop

Thursday, June 12th, 2008

Australian dollarThe Australian dollar fell to its one month low against the U.S. currency as the jobs dropped in May for the first time since October 2006 and the traders became more confident that the central bank won’t be raising interest rate more.

Aussie Goes Down on Weak Retail Sales

Monday, June 2nd, 2008

Australian dollarThe Australian currency dropped today on Forex as the government bonds rose after the report on the April retail sales showed a decline of this important indicator.

Aussie Rallies on Q1 CPI Data

Wednesday, April 23rd, 2008

Australian dollarThe Australian dollar reached a fresh 24-year high against the U.S. dollar today as the consumer prices in Australia soared above the market’s expectations in March and are now pressing on the central bank to go for the further interest rate hikes.


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