The Australian dollar weakened today as the minutes of last Reserve Bank of Australia policy meeting showed that policy makers thought additional stimulus may be appropriate in the future.
Australia — News Archive
June 18th, 2013 at 3:29
June 13th, 2013 at 18:21
The Australian dollar jumped today after employment data turned out to be much more positive than was expected by Forex market participants. The report allowed the currency to gain against the US dollar and the euro, while against the Japanese yen the Aussie managed to erase losses.
June 12th, 2013 at 14:11
Aussie is getting a bit of a boost today, thanks to improvement in consumer sentiment. Australian dollar is gaining against the US dollar as questions about what’s next for the US dollar continue, and as the situation shows improvement Down Under.
June 11th, 2013 at 13:37
The Australian dollar dropped today, reaching the lowest level since 2010 against its US counterpart, as growth of housing loans slowed in April and trailed analysts’ forecasts.
June 06th, 2013 at 13:30
Australian dollar is down across the board today, falling as weak GDP data weighs. Aussie is down against all of its major counterparts as concerns about what’s next for the Down Under economy, as well as general risk aversion, send the currency lower.
June 05th, 2013 at 12:20
The Australian dollar slumped today for the second day as country’s economic growth last quarter was slower than market participants have hoped for, sparking talks about an interest rate cut.
June 04th, 2013 at 12:44
The Australian dollar dropped today after the Reserve Bank of Australia maintained its cash rate unchanged and reiterated that lower interest rates are possible in the future.
May 31st, 2013 at 14:31
Australian dollar is heading lower today, dropping as commodities continue to struggle. With the Federal Reserve on the verge of pulling back its stimulus efforts, and concerns about global growth rising to the top, Aussie is having trouble today.
May 27th, 2013 at 10:27
The Australian dollar fell versus its US counterpart and the euro today, but managed to erase the losses later. The decline was caused by speculations that the US central bank will reduce its stimulating measures.
May 23rd, 2013 at 8:49
The Australian dollar slumped today, reaching the lowest level in a year against the US dollar, as China’s manufacturing contracted this month and the US Federal Reserve hinted that quantitative easing may be reduced.