The Australian dollar fell against its US counterpart earlier today but bounced later with the help of positive economic data from China. The Aussie also rallied versus the Japanese yen.
Australia — News Archive
January 08th, 2015 at 16:30
The Australian dollar jumped today as economic reports from Australia as well as from the United States were positive, improving the market sentiment and encouraging traders to take more risk.
January 07th, 2015 at 2:48
The Australian dollar was mixed during the Wednesday’s Asian trading session. The currency fell a little versus its US counterpart, was flat against the euro and jumped versus the Japanese yen.
January 06th, 2015 at 2:26
The Australian dollar gained today as the nation’s trade balance came out better than analysts have predicted. Macroeconomic data from China was helpful too.
December 11th, 2014 at 9:03
The Australian dollar went down after the initial spike today. The currency rallied after the surprisingly good employment report but was unable to sustain gains. The Aussie traded below the opening level against the US dollar and the euro but hangs above the opening versus the Japanese yen.
December 10th, 2014 at 13:47
The Australian dollar bounced today after initial drop even though not all economic reports from Australia were helpful for the currency. The bounce does not look impressive, though, compared to the recent streak of losses.
December 09th, 2014 at 5:33
The Australian dollar fell sharply today after the business confidence indicator of National Australia Bank dropped last month. It added to talks about a potential interest rate cut from Australia’s central bank.
December 08th, 2014 at 11:52
The Australian dollar was involved in a selloff last week, and it doesn’t appear that things are improving all that much as a new week begins. The Aussie is still just holding its own against major currencies, and the forecast doesn’t offer a whole lot in terms of encouragement for the Down Under currency.
December 05th, 2014 at 9:38
The Australian dollar ticked down against the US dollar today as traders waited for US non-farm payrolls. The losses were limited, and the currency gained against the Japanese yen at the same time.
December 04th, 2014 at 11:51
The Australian dollar dipped today, falling to a new multi-year low against its US counterpart. The currency declined even though macroeconomic data from Australia was positive and should have supported the currency.