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.
August 11th, 2010 at 3:51
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.
August 06th, 2010 at 9:17
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.
August 02nd, 2010 at 21:47
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.
July 28th, 2010 at 11:29
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.
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.
July 21st, 2010 at 20:43
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.
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.
July 13th, 2010 at 12:04
The Australian dollar extended its decline today as the speculation, that the Chinese economic expansion slows, curbed the appeal of the higher-yielding currencies.
July 12th, 2010 at 19:18
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.