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Australian Dollar Gains After RBA Policy Meeting

The Australian dollar rallied today against its most-traded rivals (with the exception of the very strong Japanese yen) following the release of monetary policy statement from the Reserve Bank of Australia.

Australian Dollar Gets Help from China’s Services Sector

The Australian dollar jumped today against its peers, getting help from the good service sector data released in China during the current trading session.

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.

Aussie Down as Chinese Economic Data Overshadows Australian

The Australian dollar fell today against its major peers as poor China’s macroeconomic data overshadowed decent reports released in Australia. China is the biggest trading partner of Australia, therefore its economic performance has a big impact on the Australian currency.

US Dollar Climbs Against Commodity Currencies After OPEC Meeting

The US dollar rose against currencies that are closely tied to oil prices on Thursday, after the conclusion of a meeting between the Organization of the Petroleum Exporting Countries and other oil major producers. Today’s meeting discussed a possible extension for an agreement made last year that limits crude outputs to counter a global oversupply that forced oil prices lower.

Australian Dollar Drops with Commodity Currencies

The Australian dollar dropped together with other commodity currencies today, most likely due to the sharp decline of crude oil prices, after showing decent performance during the previous trading session.

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.

Aussie Drops for Fourth Day vs. Euro & Franc

The Australian dollar fell today. It was the fourth drop in a row against such currencies as the euro and the Swiss franc, but the first decline in six sessions versus the US dollar.

Aussie Down After RBA Minutes & Oil Prices Rise

The Reserve Bank of Australia released minutes of its May policy meeting today, though they did not reveal anything particularly new. With no major news to drive the Australian dollar, the currency was moving down.

US Dollar Weakens Against Commodity Currencies as Oil Prices Surge

The US dollar weakened against the euro and a group of commodity currencies on Monday, as oil prices surged following reports of an extension for a deal that reduces oil output of major producers. Demand for the greenback was muted today as traders anticipate major data releases later this week, including the number of building permits in April and a new report on manufacturing activity in Philadelphia this month.

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