Australia — News Archive

Australian Dollar Stable After RBA Minutes & Construction Data

The Australian dollar held steady during the current trading session after the release of the central bank’s policy minutes and the report about the construction sector. Yesterday, the currency fell against the US dollar, rose against the euro and was flat against the Japanese yen.

AUD/USD Bounces from Four-Year Low

The Australian dollar bounced today after touching the lowest level in more than four years against its US counterpart. Australia’s employment data released during the current trading session was rather positive and contributed for the Aussie’s bounce.

Aussie Bounces After RBA Meeting

The Australian dollar was falling today due to mixed macroeconomic data but rebounded after the central bank’s policy meeting, even though monetary policy remained unchanged and the statement from the bank was not particularly hawkish.

AUD Drops vs. USD, Gains on JPY

The Australian dollar dropped against its US counterpart due to negative economic data from Australia. At the same time, the currency managed to reverse its losses versus the Japanese yen and reached the highest level in a year and a half.

Aussie Edges Lower Despite Positive Data

The Australian dollar edged lower today even as economic indicators from Australia and abroad were supportive for the currency. Yesterday’s positive economic data from the United States made traders to prefer the US currency over riskier ones.

China’s Data Makes Aussie Stronger

The Australian dollar advanced against its US counterpart for the third straight session today and rose against other most-traded currencies as well with the help of positive economic data from China. The Aussie was unable to maintain its rally versus the Japanese yen but kept rising against the greenback and the euro.

Aussie Losses Steam Following Yesterday’s Rally

The Australian dollar was retreating against its US counterpart today following yesterday’s huge jump. The currency also fell against other major peers even though Australia’s economic data was rather positive.

Australian Dollar Fails to Rally

The Australian dollar was trying to rally earlier during the current trading session but failed and retreated to trade below the opening level as of now. Economic data and comments from central bank’s officials were playing against the currency and contributed to the decline.

Australian Dollar Rises on China’s Trade Data

The Australian dollar rose as today’s trade data from China was generally well-received by Forex market participants, leading to fairly positive outlook for Australia’s economy that depends on trading with its Asian partner strongly.

Second Session of Losses for Aussie due to Economic Data

Poor economic data from Australia led to the second session of losses for the Australian dollar today. The currency attempted to gain ground but was unsuccessful so far, though it trimmed its losses.

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