Australia — News Archive

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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.

Australian Dollar Firms with Market Sentiment

Today, the Australian dollar rose together with other currencies linked to growth and commodities as positive trade data from China helped to alleviate risk aversion on markets.

Aussie Heads Higher on Yuan, But Gains Likely Short-Lived

The Australian dollar is higher today, thanks in part to the recent decision to strengthen the yuan. However, the gains are likely to be short-lived, as the Australian economy relies heavily on China.

Australian Dollar Moves Further Down

Today, the Australian dollar declined for the fourth day in a row against the US dollar and the sixth session versus the Japanese yen. Economic data from Australia was mixed, giving no edge to the currency, while China remained a major source of concerns for investors.

Australian Dollar Logs Small Gains

The Australian dollar bounced today following yesterday’s rout due to bad news from China. The gains were limited, though, and far from being enough to erase the Monday’s decline.

Australian Dollar Edges Higher Before Fed Announcement

The Australian dollar ticked higher today as the market was preparing itself for the upcoming monetary policy announcement from the Federal Reserve. Trading was jittery due to uncertainty regarding the Fed decision and the market reaction to it.

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