Australia — News Archive


Australian Dollar Climbs, Ignoring Disappointing Employment

The Australian dollar gained against the US dollar and the Japanese yen today even though employment growth trailed forecasts. The likely reason for the currency’s strength was the policy decision of Great Britain’s central bank.

S&P Cuts Australia’s Credit Rating Outlook

The Australian dollar plunged today after Standard & Poor’s had cut the country’s credit rating outlook. The Aussie has bounced later and is now trading close to its opening level.

Australian Dollar Falls After RBA Meeting

The Australian dollar fell today even though the nation’s central bank refrained from cutting interest rates. Worse-than-expected domestic data might be one of the reasons for the currency’s drop.

Australian Dollar Rallies as Markets Calm Down

The Australian dollar rallied during the current trading session as markets continued to calm down after the Brexit shock.

Aussie Moves Higher for Second Day

The Australian dollar continued to move higher, rising for the second consecutive session today, as markets were calming down after Britain’s referendum.

Australian Dollar Takes Breath

The Australian dollar gained today amid the improving market sentiment. While the threat of the Brexit is still looming, markets decided to take breath and halted sell-off of high-beta currencies.

Helpful Fundamentals Make Australian Dollar Stronger

The Australian dollar climbed today thanks to helpful fundamentals, like the rise of crude oil prices and the weakness of the US dollar.

Australian Dollar Opens Sharply Higher, Moves Further Up

The Australian dollar opened sharply higher today and is now trading above the opening level as traders felt less concerned about the possibility of the Brexit.

Australian Dollar Weak Despite Supportive Employment Data

The Australian dollar dropped on Thursday even though economic data released from Australia during the session was positive. The currency touched the lowest level in four years versus the yen.

Australian Dollar Rises in Spite of Economic Data

The Australian dollar gained against its most-traded peers today even though Australia’s economic data was not particularly helpful to the currency.