AUD/USD — News Archive

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Australian Dollar Gains as China’s Trade Balance Surplus Shrinks

The Australian dollar rose today even though the trade balance report in China, Australia’s trading partner, did not look good at first glance. But in fact, the data painted a picture of a strong economy of the Asian nation, which is a good sign for the Australian economy.

Australian Dollar Extends Rally Caused by FOMC Minutes

The Australian dollar started a rally yesterday after the release of the Federal Reserve policy minutes and extended it into the Thursday’s trading session, though the currency has backed off a bit as of as now. Positive Australian macroeconomic reports helped the Aussie as well.

Australian Dollar Reverses Gains Caused by Improving Consumer Sentiment

The Australian dollar jumped today after the release of positive macroeconomic data in Australia but reversed its gains shortly afterwards and is now trading near the opening level.

Australian Dollar Rises Following Business Confidence

The Australian dollar rose today as data released over the trading session revealed that the business confidence improved last month.

Australian Dollar Trades Lower After China’s Services PMI Disappoints

The Australian dollar traded a bit lower today following the release of disappointing macroeconomic data for China.

Australian Dollar Falls Against US Peer on Weak Retail Data

The Australian dollar declined against its US counterpart on Thursday after a fresh report that showed that Australian retail sales fell behind expectations for the second month in a row. The Australian dollar also dropped against other major peers as expectations for higher interest rates decreased following today’s data.

Australian Dollar Slips after RBA & Building Approvals

The Australian dollar fell today after the Reserve Bank of Australia stood pat, leaving monetary policy without change, and building approvals rose less than was expected.

Australian Dollar Holds Ground After China’s Data, Ahead of RBA Meeting

The Australian dollar was stable against some of its rivals and rose versus the major European currencies today, getting some boost from positive macroeconomic reports released in Australia’s main trading partner, China, over the weekend.

Australian Dollar Extends Decline Ahead of Next Week’s RBA Meeting

The Australian dollar extended its decline today, falling for the third consecutive day against the euro and for the fourth versus the US dollar and the Swiss franc.

Australian Dollar Steady Following China’s Rating Downgrade by S&P

The Australian dollar gained on its US counterpart today. The currency slid against other rivals intraday but is has bounced by now. Yesterday, the Aussie dropped more than 1% following China’s credit rating downgrade by Standard & Poor’s.

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