EUR/AUD — News Archive

RBA Minutes Show Scope for Additional Stimulus, AUD Down

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.

Positive Australian Employment Data Boosts Aussie

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.

Aussie Gets Boost from Consumer Sentiment

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.

EUR/USD & EUR/AUD Surge Over Week, EUR/GBP & EUR/JPY Down

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.

Aussie Falls on Weak GDP

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.

Aussie Drops as Commodities Continue to Struggle

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.

Aussie Drops on Fed Speculations, Recovers

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.

Aussie Soft After Budget Forecast

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.

RBA Rate Cut Makes Week Bad for Aussie

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.

Aussie Suffers as RBA Lowers Inflation Outlook

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.

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