Australia — News Archive


Aussie Reaches Multi-Year Highs, Ignoring Economic Data

Macroeconomic data released from Australia today was mixed, but that did not prevent the Australian dollar from rising and even reaching multi-year highs against such currencies like the euro and the Swiss franc.

Aussie Falls vs. Greenback, Posts Gains vs. Other Rivals After RBA Minutes

The Australian dollar fell against its US counterpart but logged moderate gains against other most-traded rivals after the Reserve Bank of Australia released relatively upbeat minutes of the February policy meeting.

AUD/USD Bullish Trend Reverses, Despite Positive Australian Employment Data

The AUD/USD currency declined significantly today to reverse the bullish trend that the currency pair has enjoyed since the beginning of the year. This was a major reversal from the currency pair’s rally witnessed yesterday after the release of positive Australian employment data for the month of January.

Market Sentiment Sours, Restoring Demand for Safety of Yen

The Japanese yen gained on its rivals during the current trading session as the market sentiment soured, making investors shun riskier assets and prefer safer ones.

Employment Data Drives Australian Dollar Down

The Australian dollar dropped today after two consecutive sessions of gains, driven down by employment data. While the report might look good at the first glance, unwrapping it revealed that the situation on the Australian labor market was not that stellar.

Australian Dollar Gains, Lifted by Positive Data

The Australian dollar gained today, reaching new multi-year highs against a number of currencies, as economic reports released from Australia during the current trading session were relatively good.

Aussie Goes Higher on Positive Data from Australia & Abroad

The Australian dollar rallied today as economic data, both domestic and from abroad, was supportive to the currency, allowing it to rally to multi-year highs against some of its rivals.

China’s Amazing Trade Data Boosts Australian Dollar

The Australian dollar rose against its rivals today thanks to the surprisingly good trade report released from China, Australia’s biggest trading partner. Economic data from Australia itself was not so good, but it did not affect the currency enough to drive it down.

Aussie Moves Higher After RBA Maintains Policy, Makes Hawkish Remarks

The Australian dollar rose against its most-traded counterparts today following yesterday’s drop after the Reserve Bank of Australia decided to leave its monetary policy unchanged.

Amazing Trade Data Supports Australian Dollar

The Australian dollar fell against its US peer but was otherwise firm thanks to the amazing trade data released from Australia during the trading session.