Australia — News Archive

Aussie & Kiwi Decline on Unemployment

The Australian and the New Zealand dollars fell today after the jobless claims in the US rose unexpectedly and equities dropped, damping the investors’ willingness to risk and decreasing the appeal of the higher-yielding currencies.

Aussie Weakens on Reduced Demand for Riskier Assets

The Australian dollar fell today as the signs of the slower economic growth, particularly in the US and China, damped the demand for the riskier currencies.

Aussie Rises on Anticipation of Lower US Employment

The Australian dollar rose today and is heading for the third weekly gain versus the greenback as today’s report expected to show that the US employment decreased.

Aussie Strengthens on Economic Growth

The Australian dollar reached today the highest level in almost three months versus its US counterpart and advanced against the Japanese yen as the signs of the robust economic growth supported the outlook for the unchanged interest rates and spurred the demand for the higher-yielding assets. The currency fell versus the euro.

Aussie Falls as Low Inflation Promises Unchanged Interest Rates

The Australian dollar fell today for a second day against its U.S. counterpart as the in inflation rose slower than expected, fueling the speculation that the central bank would keep the interest rates unchanged.

European Data Boosts Australian Dollar

Better than expected news from the Eurozone helped the Australian dollar to grow against all other major currencies today despite the pessimism expressed by the RBA yesterday.

AUD Falls as Interest Rate Expectations Decrease Optimism

Following a rapid growth yesterday, the Australian dollar declines against its major counterparts (except euro) today as the market participants expect the interest rates to be on hold for some time.

Australian and N.Z. Dollars Rise on China’s Growth

The Australian and New Zealand dollars rose significantly against the other major currencies today as the Chinese stock market demonstrated growth on talks that the government may easy the investment regulations.

Aussie Slips on Concern for China’s Growth

The Australian dollar extended its decline today as the speculation, that the Chinese economic expansion slows, curbed the appeal of the higher-yielding currencies.

Aussie Falls After It Rallied Too Much Last Week

The Australian dollar weakened today, following the huge leap up in the last week, on the speculation that the currency has rallied too much, while the global economic growth might slow.

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