Australia — News Archive

Aussie Extends Rally After RBA Minutes

The Australian dollar advanced today, rising for the second trading session, after the release of central bank’s policy minutes. The currency managed to bounce to Friday’s closing level against the US dollar and the euro after opening sharply lower on Monday but struggled to rise against the Japanese yen.

Aussie Opens Sharply Lower After China’s Data

The Australian dollar opened sharply lower today due to worse-than-expected economic data from China released over the weekend. While the currency bounced from daily lows, it is still far below the Friday’s closing rate.

Aussie Experiences Terrible Week

The Australian dollar experienced a terrible week, falling for four days in a row against the Japanese yen and for every single day of the week against its US and New Zealand counterparts as well as the euro. Even Thursday’s positive employment data was not able to provide support for the currency.

Australian Dollar Makes Way Lower with Consumer Sentiment

The Australian dollar declined today, falling for a third consecutive session versus its US peer, after the release of the Westpac — Melbourne Institute Survey of Consumer Sentiment that demonstrated decline of consumer confidence in Australia.

Aussie Retains Downward Bias

The Australian dollar maintained its downward bias at the Asian session today after economic data showed that the business confidence fell a bit and the number of home loans grew less than was expected by economists.

Aussie Loses Ground Despite Support from Fundamentals

The Australian dollar slumped against its US counterpart and weakened against the euro even as both domestic and overseas economic news were positive for the currency, which was demonstrating remarkable strength last week.

Aussie Keeps Losses After RBA Meeting

The Australian dollar fell against its US peer and the euro ahead of the monetary policy announcement of the Reserve Bank of Australia and maintained losses afterwards. The currency rallied to the highest level in a year and a half versus the Japanese yen but retreated as of now.

AUD Falls vs. USD, Holds Ground vs. JPY

The Australian dollar fell against its US peer as Australia’s private sector credit trailed analysts’ forecast. The losses were limited though, and the currency even managed to rise a little against the Japanese yen.

Aussie Climbs on Capex Data

The Australian dollar jumped against its US counterpart after data showed that private investment increased last quarter unexpectedly. The Aussie’s gains against the euro and the Japanese yen were smaller, but the Aussie dollar still reached the highest level this year against those currencies.

Aussie Recovers After Big Drop

The Australian dollar dipped today after manufacturing data from China disappointed traders. Yet for whatever reason the currency was able to erase the big drop and trades near the opening level right now.



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