AUD/JPY — News Archive

    Archives

Australian Dollar Gains Even as China’s Services PMI Disappoints

The Australian dollar rallied today despite unfavorable services data for China, Australia’s biggest trading partner. By now, the Aussie has lost its gains versus the US dollar but continued to trade above the opening level versus other most-traded rivals.

Aussie Drops After RBA Statement, Ignores Strong Retail Sales

The Australian dollar fell against its most-traded counterparts after the Reserve Bank of Australia released its monetary policy statement today. Better-than-expected retail sales data was unable to help the currency.

Australian Dollar Unable to Keep Gains Caused by China’s PMI

A private report released today showed that China’s manufacturing sector switched to growth. The Australian dollar attempted to rally with the help from the good news from Australia’s biggest trading partner. Yet the currency lost its gains versus its most-traded rivals (with the exception of the soft Japanese yen) as the report was not as good as it looked at first glance.

Australian Dollar Mixed After Lowe’s Speech and Moody’s Downgrade

The Australian dollar was mixed after the speech of Phillip Lowe, Reserve Bank of Australia Governor, and as Moody’s Investors Service downgraded credit ratings of several Australian Banks. The Aussie fell against such majors like the US dollar and the Swiss franc, but was flat versus the euro and gained on the weak yen.

Australian Dollar Lifted by Employment Data

The Australian dollar rose sharply after today’s release of domestic employment data. While the Aussie has lost gains versus its US counterpart by now, the Australian currency maintained the rally against other most-traded rivals.

Australian Dollar Steady Despite Macroeconomic Data

The Australian dollar was steady against its US counterpart and rose versus other most-traded rivals even though macroeconomic data, both domestic and from abroad, was not particularly good.

Australian Dollar Gains, Fighting Off Adverse Fundamentals

The Australian dollar gained today, and that was surprising as fundamentals did not look good for riskier commodity-related currencies.

Australian Dollar Shows Muted Reaction to Good Employment Data

Australian employment data released during the current trading session looked decent, with a surprising surge of employment and an unexpected drop of the unemployment rate. Yet the Australian dollar showed muted reaction to the news, quickly giving up most of its gains it has logged after the report.

Rally of Crude Oil Helps Aussie Mitigate Negative Fundemantals

Fundamentals were largely adverse to the Australian dollar, but that did not prevent the Aussie from rallying today. Analysts explained such behavior by the rise of crude oil prices that bolstered currencies linked to commodities, the Aussie being one of such currencies.

Australia Dollar Higher After RBA, Under Pressure from China’ Data

The Australian dollar rallied on Tuesday after the monetary policy meeting of the Reserve Bank of Australia. As of now, the currency has come off the day’s highs, possibly being under pressure from poor economic data from China.

Navigation

Menu