The Australian dollar fell today, after it almost reached the previous record high earlier, on the speculation that traders will sell the currency to profit from the unprecedented rally.
Reuters — News Archive
April 08th, 2011 at 22:40
The rally of commodities, including crude oil that jumped above $113 per barrel price, allowed the Canadian dollar to advance against its US counterpart and to post weekly gains for the third consecutive week. Canada’s currency weakened against the euro.
April 08th, 2011 at 20:28
The US dollar went down today as the US policy maker weren’t been able to reach an agreement about the budget and as the rally of raw materials damped demand for the US currency as a safe asset.
April 04th, 2011 at 23:06
The Australian dollar touched the record price in 11 months versus the Japanese yen today as stocks rallied, but retreated on the forecast that the central bank will leave the interest rates unchanged.
April 02nd, 2011 at 0:57
The Canadian dollar gained for the fifth consecutive session against its US peer, reaching the highest level in more than three years, as the employment in the US, the biggest trading partner of Canada, improved and crude oil, the main nation’s export, advanced.
March 31st, 2011 at 23:08
The Australian dollar was little changed today, but earlier at this trading session it, guess what, reached the new record versus the US dollar.
March 30th, 2011 at 4:35
The Australian dollar decided that its rally doesn’t need to stop and continued its ascent, posting the new record high versus the US dollar.
March 24th, 2011 at 21:28
The Canadian dollar gained today, erasing its losses against the US dollar, as commodities rallied and crude oil, the key export of Canada, advanced to the highest level in more than two years, attracting investors to Canada’s assets.
March 22nd, 2011 at 0:40
The Canadian dollar went up as the renewed concern that the tensions in Libya, as well as in the other countries of the region, will disrupt supplies of crude oil bolstered the commodity.
March 17th, 2011 at 20:54
The Canadian dollar gained today as commodities, including crude oil, the main export of Canada, rallied amid the speculation that the global recovery is accelerating.