The Australian dollar weakened today as the minutes of last Reserve Bank of Australia policy meeting showed that policy makers thought additional stimulus may be appropriate in the future.
EUR/AUD — News Archive
June 18th, 2013 at 3:29
June 13th, 2013 at 18:21
The Australian dollar jumped today after employment data turned out to be much more positive than was expected by Forex market participants. The report allowed the currency to gain against the US dollar and the euro, while against the Japanese yen the Aussie managed to erase losses.
June 12th, 2013 at 14:11
Aussie is getting a bit of a boost today, thanks to improvement in consumer sentiment. Australian dollar is gaining against the US dollar as questions about what’s next for the US dollar continue, and as the situation shows improvement Down Under.
June 08th, 2013 at 11:57
The euro had a stellar week against the US and Australian dollars, but performance against some other currencies, including the Great Britain pound and the Japanese yen, was less impressive.
June 06th, 2013 at 13:30
Australian dollar is down across the board today, falling as weak GDP data weighs. Aussie is down against all of its major counterparts as concerns about what’s next for the Down Under economy, as well as general risk aversion, send the currency lower.
May 31st, 2013 at 14:31
Australian dollar is heading lower today, dropping as commodities continue to struggle. With the Federal Reserve on the verge of pulling back its stimulus efforts, and concerns about global growth rising to the top, Aussie is having trouble today.
May 27th, 2013 at 10:27
The Australian dollar fell versus its US counterpart and the euro today, but managed to erase the losses later. The decline was caused by speculations that the US central bank will reduce its stimulating measures.
The Australian dollar was soft today after the government forecast that economic growth will slow in the next financial year, adding reasons for the central bank to cut interest rates further.
May 11th, 2013 at 17:20
This was definitely not good for the Australian dollar as the nation’s central bank unexpectedly reduced its interest rates and hinted that more rate cuts are possible.
May 10th, 2013 at 11:24
The Australian dollar dropped today, touching the lowest level since June versus its US counterpart, as the Reserve Bank of Australia lowered its inflation outlook, reigniting talks about possible interest rate cut.