The Australian dollar showed the second day of growth against the U.S. dollar and the Japanese yen today as the traders feel a growing confidence in the Australian economy after the much-needed stimulus package has been adopted there.
AUD Falls as Stimulus Plan is Rejected
February 12th, 2009 at 11:26
The Australian dollar declined against the U.S. dollar, the Japanese yen and the euro today as the country’s senate refused to adopt the Prime Minister’s stimulus package worth of $27.4 billion.
AUD Grows on Possible Rate Bottom
February 06th, 2009 at 10:34
The Australian dollar is currently heading for a first weekly gain against the U.S. dollar this year as the traders believe that the bottom in the interest rates is near and the country’s economy will begin recovering soon with the help of the government’s stimuli.
Australian Dollar Grows after Rate Cut
February 03rd, 2009 at 12:07
The Australian dollar gained today against the other currencies on the Forex market after the country’s central bank cut the interest rate to the lowest level in decades and the government announced a stimulus package for the economy.
AUD, NZD Down on Aroused Risk Aversion
January 08th, 2009 at 11:19
The Australian and New Zealand dollars both showed a second day of decline today on the Forex market as the stocks, commodities and the confidence in the fast recovery from the recession fell world-wide.
Aussie Reaches 2-Month High versus Dollar
December 17th, 2008 at 12:06
The Australian dollar rose slightly against the U.S. dollar and reached a new 2-month high level today as the dollar still suffers from the near zero interest rates set yesterday by the Federal Open Market Committee.
AUD Falls on Weak Business Confidence
December 09th, 2008 at 10:23
The 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
November 10th, 2008 at 10:57
The 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
November 04th, 2008 at 11:27
The 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 Rises for the Third Day
October 30th, 2008 at 10:55
The Australian dollar rose against the U.S. dollar and the Japanese yen for the third day today after the rate cut in U.S. and a moderate decline in the global risk-aversion.
