AUD/USD — News Archive

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AUD Opens Sharply Lower, Recovers

The Australian dollar opened sharply lower today from the Friday’s close as China slashed its growth outlook. As of now, the currency recovered a bit and is trading close to or above the Friday’s closing level.

Policy Outlook & Economic Data Make Things Difficult for USD

The US dollar managed to end the week flat against the Japanese yen, but otherwise the greenback was very weak during the past trading week. The reasons for the poor performance were the monetary policy outlook as well as macroeconomic data that was not that great.

Domestic & Global Fundamentals Helpful to Australian Dollar

The Australian dollar rose today, reaching the three-month high against the US dollar and the euro, as both domestic and global fundamentals were beneficial to the currency.

Aussie Higher After Reserve Bank of Australia Holds

The Australian dollar edged higher today following the monetary policy policy meeting of Australia’s central bank. The currency shrugged off negative economic data, both domestic and overseas.

Dollar Ends Week Mixed as Interest Rate Outlook Unclear

The US dollar ended the trading week mixed. The greenback fell against commodity currencies and the Japanese yen but gained on its two most liquid rivals — the euro and the Great Britain pound.

Employment Data Pushes Aussie Lower, Decline Limited

The Australian dollar dropped today on the basis of the disappointing employment report. The currency bounced, though, trimming its losses with the help of crude oil rally and news from China.

Australian Dollar Finds Support in Rising Oil Prices

The improvement of the risk sentiment allowed the Australian dollar to bounce even though domestic macroeconomic fundamentals were not particularly supportive to the currency.

Australian Dollar Higher vs. US Rival, Loses Gains vs. Yen

The Australian dollar gained against its US counterpart today with the help of monetary policy minutes from the Australian central bank and the rally of crude oil. The currency was less successful in rising against its other major rivals. For example, it lost earlier gains versus the Japanese yen.

Australian Dollar Gains Strength as Traders’ Mood Improves

The Australian dollar rose on Monday, climbing more than 1 percent against the Japanese yen, as the positive mood of the Forex market participants helped riskier currencies tied to commodities and growth to gain strength.

Dollar Ends Week with Losses as Monetary Tightening Remains Uncertain

The US dollar fell during the past trading week as traders continue to speculate whether the Federal Reserve is going to raise interest rates this year. The greenback demonstrated bigger losses versus its major counterparts and smaller versus the commodity-related ones.

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