The Australian dollar rose today even though the minutes of the last central bank’s policy meeting reveled that policy makers do not rule out additional interest rate cuts.
October 15th, 2013 at 3:40
October 04th, 2013 at 16:27
The Taiwan dollar strengthened yesterday as signs of robust economic growth in China was helping Asian currencies, attracting investors to the region.
October 03rd, 2013 at 17:17
The New Zealand dollar dropped today on concerns that the US government shutdown will hamper global economy growth. The currency remained weak even though other fundamentals were highly supportive.
September 30th, 2013 at 17:50
The Australian dollar followed its New Zealand counterpart to the upside even though economic data from China, the major Australia’s trading partner, was not particularly encouraging.
September 23rd, 2013 at 13:53
US dollar is mixed today, and the dollar index performance serves as an indication that there are some uncertainties surrounding the greenback in the wake of last week’s surprising FOMC decision. Right now, a number of currency pairs are rangebound, looking for direction and wondering what is likely to be next.
September 23rd, 2013 at 11:34
The Australian dollar rose today after a report of China’s manufacturing was released on the weekend, showing that the sector expanded this month with faster pace than was predicted by analysts.
September 19th, 2013 at 13:37
Aussie jumped higher after the announcement that the Federal Reserve would not start tapering its asset purchases this month. However, after its earlier performance, the Australian dollar has eased back, and is now heading lower against its major counterparts.
September 12th, 2013 at 12:05
The Thai baht advanced today as signs of economic growth in China improved the investors’ risk sentiment, leading to increasing demand for assets of emerging economies.
September 10th, 2013 at 14:56
Markets are clearly risk on today, but the US dollar isn’t weakening quite as much as expected. While the dollar is slightly lower against some of its major counterparts, the performance isn’t enough to sink the dollar index yet. Even with the risk appetite, there is still some dollar strength.
The Australian dollar rose today, rebounding after the earlier decline, as signs of growth in China and Australia made investors more willing to buy the growth related currency.