The Australian dollar rose today due to signs of continuous improvement of Australia’ labor market. The number of jobs advertisements grew for the eighth consecutive month in January, suggesting that the Australian economy performs relatively well.
February 05th, 2015 at 13:05
The Australian dollar edged higher today even though fundamentals, both domestic and overseas, were not particularly supportive for the currency. The currency has been surprisingly resilient after the unexpected interest rate cut from the Australian central bank.
February 03rd, 2015 at 11:23
Australian dollar is heading much lower today, dropping across the board following a rate cut from the Reserve Bank of Australia. Concerns about economic growth are weighing on policymakers, and they feel that this is the best move they can make to help spur the economy forward.
January 30th, 2015 at 18:23
The Australian dollar demonstrated mixed performance today as economic data from Australia matched analysts’ predictions. The Aussie was flat against the US dollar, rose versus the euro and fell against the Japanese yen.
January 29th, 2015 at 12:13
The Australian dollar fell today, sinking to the lowest level since July 2009 against its US counterpart and reaching the lowest since March 17, 2014, versus the Japanese yen. The currency declined due to Australia’s economic data that was not particularly good.
January 20th, 2015 at 9:25
The Australian dollar fell against its US counterpart earlier today but bounced later with the help of positive economic data from China. The Aussie also rallied versus the Japanese yen.
January 08th, 2015 at 16:30
The Australian dollar jumped today as economic reports from Australia as well as from the United States were positive, improving the market sentiment and encouraging traders to take more risk.
January 07th, 2015 at 2:48
The Australian dollar was mixed during the Wednesday’s Asian trading session. The currency fell a little versus its US counterpart, was flat against the euro and jumped versus the Japanese yen.
January 06th, 2015 at 2:26
The Australian dollar gained today as the nation’s trade balance came out better than analysts have predicted. Macroeconomic data from China was helpful too.
December 11th, 2014 at 9:03
The Australian dollar went down after the initial spike today. The currency rallied after the surprisingly good employment report but was unable to sustain gains. The Aussie traded below the opening level against the US dollar and the euro but hangs above the opening versus the Japanese yen.