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AUD Little Changed vs. USD, Gains on EUR

The Australian dollar was little changed against its US counterpart during Friday’s trading and was able to gain on the euro which has been hurt by lackluster economic data from the eurozone. Earlier today, Australian central bank’s chief was speaking, hinting at possibility of looser monetary policy.

Australian Dollar Drops Together with Other Commodity Currencies

The Australian dollar fell today along with other commodity-related currencies despite relatively positive economic data from Australia. The most likely reason for the sluggish performance was concern about slowdown of the global economy.

Australian Dollar Remains Below Opening Level After Trimming Losses

The Australian dollar trimmed today’s losses against its major rivals, almost erasing them against the US currency, but remained below the opening level as the market sentiment was unfavorable to currencies related to commodities and growth.

Australian Dollar Pauses to Decide Where to Go Next

The Australian dollar was not moving in any particular direction at the start of Friday’s trading session. Traders were digesting economic data and the Statement of Monetary Policy released by the Reserve Bank of Australia.

Aussie Gains vs. Greenback, Loses Gains vs. Euro

The Australian dollar rallied against its US counterpart during the Thursday’s trading session. The currency had also attempted to rally against other major peers but has lost its gains versus other currencies, including the euro.

Aussie Down Intraday, Attempts to Recover

The Australian dollar dipped intraday due to disappointing manufacturing data from China but has managed to recover as of now, at least against the US dollar and the Japanese yen.

Australian Dollar Higher vs. Majors, Unable to Beat US Dollar

The Australian dollar gained on some of its major counterparts, like the very weak Japanese yen, during the current trading session. The Aussie was unable to beat the US dollar, though, as economic data from Australia missed expectations.

Australian Inflation Data Makes Aussie Stronger

The Australian dollar gained today against its other most traded peers with the help of inflation data. The solid report improved the monetary policy outlook, giving additional support to the currency.

China Brings Good News, Australian Dollar Higher

The Australian dollar edged higher today as the market sentiment improved following good news from China. Chinese policy makers took steps to calm the yuan’s volatility while the nation’s stock market stabilized.

Australian Dollar Fails to Rally on Employment Data

The Australian dollar has attempted to rally on the back of positive domestic employment data released today but failed as the market sentiment slipped back into the risk-off mode.

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