AUD/USD — News Archive

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Australian Dollar Retreats as Wage Inflation Misses Expectations

The Australian dollar fell today, following yesterday’s rally, as slower-than-expected wage growth made traders reluctant to buy the currency.

Australian Dollar Rises as Chinese Data Fails to Lead Markets

China released a few macroeconomic indicators over the weekend, and all of them were bad. Yet this had little impact on the Forex market and did not prevent the Australian dollar from rallying.

Dollar Broadly Higher amid Tightening Speculations

The US dollar was broadly higher against other currencies during this week’s trading amid speculations that the Federal Reserve may yet resume its monetary tightening.

Australian Dollar Weaker amid Interest Rate Cut Speculations

The Australian dollar was soft today amid speculations that the Reserve Bank of Australia is going to perform additional interest rate cuts in the near future.

Australian Dollar Mixed After Economic Data

The Australian dollar gained on its US counterpart but fell against the Japanese yen after the release of mixed economic data from Australia.

Australian Dollar Rises on China’s Data

The Australian rose today with the help of relatively decent economic reports from China.

NFP Don’t Prevent US Dollar from Rising

The major event this week was the release of US non-farm payrolls. Yet it turned out to be not that impactful as it prevented the US dollar from logging weekly gains. Meanwhile, the Reserve Bank of Australia surprised markets, performing an unexpected interest rate cut.

Australian Dollar Slumps After RBA Policy Statement

The Australian dollar dropped today after the Reserve Bank of Australia released its Monetary Policy Statement that expressed a dovish outlook for developments in the&nbspAustralian economy.

Australian Dollar Overcomes Impact of RBA Cut

The Australian dollar was able to overcome the negative impact of the surprise interest rate cut from the Reserve Bank of Australia, rising today. The advance happened with the help of positive macroeconomic data from Australia.

Australian Dollar Sinks Over 1% After RBA Makes Surprise Cut

The Australian dollar sank today, falling more than 1% against its major peers, after the Reserve Bank of Australia shocked the market, slashing its benchmark cash rate. Poor economic data from China weakened the currency further.

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