AUD/USD — News Archive

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Positive Market Sentiment Allows Aussie to Ignore Economic Data

The Australian dollar rallied today despite lackluster macroeconomic data. The currency got support from the positive market sentiment that ignored the latest developments in the US-China trade war.

Aussie Bounces After Initial Decline Caused by RBA Minutes & Economic Data

The Australian dollar dipped initially today following the release of central bank’s monetary policy minutes and poor macroeconomic data. Yet the currency has bounced by now after markets had calmed, largely ignoring US tariffs on Chinese goods.

Australian Dollar Higher Across the Board After Employment Report

The Australian dollar gained against all of its most-traded rivals today on the back of solid employment growth, which was faster than expected, and the improving market sentiment.

Australian Dollar Bounces After Intraday Decline

The Australian dollar dipped today following the release of a negative macroeconomic report in Australia but bounced later, trading near or above the opening level against its most-traded rivals by now.

Australian Dollar Falls with Business Confidence

The Australian dollar fell against its most-traded rivals after the release of mixed domestic macroeconomic data. Surprisingly, the Aussie managed to gain on the Japanese yen.

Australian Dollar Broadly Lower During Friday’s Trading

The Australian dollar traded broadly lower today. While domestic macroeconomic data was mixed, analysts speculated that persisting risk aversion on the Forex market was the major reason for the currency’s decline.

Australian Dollar Mostly Soft Despite Better-Than-Expected Trade Balance

The Australian dollar was mixed-to-lower today despite domestic macroeconomic data that showed a better-than-expected trade balance.

Aussie Struggles to Keep Gains Despite Better-Than-Expected GDP

The Australian dollar was volatile today, struggling to preserve its gains. While it was trading above the opening level against most major rivals, the Aussie struggled to move higher despite a very supportive factor in the form of the faster-than-expected economic growth.

Australian Dollar Fails to Hold Ground After RBA Meeting

The Australian dollar attempted to hold its ground after the policy meeting of the Reserve Bank of Australia but failed and is now trading below the opening level. The worse-than-expected current account balance added to the downside momentum of the currency.

US Dollar Weak After Trump’s Comments, Powell’s Speech

The US dollar was one of the weakest currencies during the past trading week, though the Japanese yen was actually the weakest due to the relatively optimistic market sentiment.

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