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Australian Dollar Ignores Negative Chinese Data Again

The Australian dollar gained today, ignoring yet again disappointing economic data from China. Supporting the currency was news from Australia itself, being quite positive.

Australian Dollar Withstands Negative Fundamentals

The Australian dollar has been able to withstand negative impact from negative economic reports released over Tuesday both from Australia and from abroad. The currency was flat versus the US dollar and gained on the euro.

Australian Dollar Opens Sharply Lower, Moves Higher Afterwards

The Australian dollar opened sharply lower today following the release of poor trade data from China over the weekend. The Aussie moved higher after the start of trading as economic data from Australia itself was rather positive.

US Dollar Ends Week with Huge Gains After Non-Farm Payrolls

The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December interest rate hike from the Federal Reserve.

Aussie Rallies, Struggles to Keep Gains

The Australian dollar rallied today as economic data from both Australia and overseas was supportive for the currency. Nevertheless, the Aussie is struggling to keep gains right now.

Australian Dollar Rallies as RBA Holds

The Australian dollar rallied today as the nation’s central bank left monetary policy unchanged. The currency gained even though the statement mentioned the possibility of an interest rate cut in the future.

Australian Dollar Higher After Australian & Chinese Data

The Australian dollar gained today after the release of mixed economic data from China and the positive report from Australia itself.

Australian Dollar Falls as Consumer Inflation Misses Expectations

The Australian dollar dipped 1.2 percent against the US dollar and the Japanese yen during the Wednesday’s trading session as Australia’s consumer inflation trailed economists’ forecasts.

China Continues to Help Australian Dollar

The Australian dollar gained today on hopes that China, the biggest Australian trading partner, will stimulate its economy. The Aussie rallied against the US dollar and demonstrated small gains against other major currencies.

Australian Dollar Attempts to Rally After Good News from China

The Australian dollar attempted to rally today on the back of good news from China. The currency had been successful at first but has pared gains after the initial surge, losing them almost completely against the US dollar.

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