Australia — News Archive

Australian Dollar Avoids Impact of Negative Domestic Data

The Australian dollar held steady against its US counterpart and managed to gain on the Japanese yen today even though economic data from Australia was not particularly supportive to the currency.

Australian Dollar Attempts to Bounce

The Australian dollar dropped a little after the nation’s central bank released the minutes of its latest policy meeting. The fall was small and the currency is attempting to bounce right now.

Aussie Falls After Thursday’s Gains

The Australian dollar ended Friday lower, though the currency trimmed its losses by the end of trading. The currency rallied a day before due to the very positive domestic data.

Aussies Ignores Negative Domestic Fundamentals, Still Falls vs. Yen

The Australian dollar gained against its US counterpart today even though news from Australia was not supportive for the currency at all. The Aussie, as well as its other major peers, fell against the Japanese yen.

Australian Dollar Falls as China’s Data Disappoints

The Australian dollar fell today due to the negative macroeconomic data from China. Economic indicators from Australia itself were moderately positive but did not support the nation’s currency.

Australia Bounces After Poor Start of Trading

The Australian dollar has started the Monday’s session poorly due to the news from China released during Asian trading hours. Yet as of now, the currency managed to bounce against the US dollar and the Japanese yen, though retained its losses versus the euro.

Aussie Retains Weakness Following Thursday’s Data

The Australian dollar retained its weakness today after yesterday’s detrimental economic reports. While the currency regained some of its strength against the euro, the Aussie remained soft against the US dollar and the Japanese yen.

Australian Dollar Moves Higher After RBA Policy Statement

The Australian dollar rallied today following the monetary policy statement from the Reserve Bank of Australia. The central bank did not change its policy, and the statement did not say anything particularly new, but also did not mention a possibility of an additional interest rate cut.

Australian Data Sinks to Lowest Since April as Data Disappoints

The Australian dollar tumbled to the lowest level in a month and a half against its US peer and sank versus the euro today as economic news from the South Pacific country was much worse than the market has counted on.

Westpac’s Report Doesn’t Support Australian Dollar

The Australian dollar was rather soft during the Wednesday’s trading session despite positive news from Australia. The currency attempted to rally against the euro but pared most of its gains as of now.

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