Australia — News Archive


Australian Dollar Holds Ground During Friday’s Session

The Australian dollar held its ground against some rivals (like the US dollar) and managed to gain on the others (like the euro) during the Friday’s trading session.

Australian Dollar Falls vs. US Dollar After Six Sessions of Gains

The Australian dollar went down today, falling for the first time in seven sessions against its US counterpart, after the release of macroeconomic data from Australia. While reports were mixed, markets apparently preferred to pay more attention to the bad part of the data.

Australian Dollar Struggles to Keep Rally After China’s Data

The Australian dollar rallied after China released a bunch of macroeconomic reports, though the currency struggled to keep gains and actually slipped below the opening level against the Japanese yen.

Australian Dollar Rallies After RBA Minutes

The Australian dollar rallied following the release of the October policy meeting held by the Reserve Bank of Australia. The currency also got support from rallying Asian equities and rising crude oil prices.

Australian Dollar Jumps After China’s Data Surprises

The Australian dollar jumped today as China released unexpectedly strong prices data, helping the currency of its trading partner.

Australian Dollar Trims Losses After Intraday Drop

The Australian dollar was down today but managed to trim its losses by now and to erase them almost completely against the US dollar.

Australian Dollar Climbs After Consumer Sentiment Report

The Australian dollar rallied today following the release of the positive consumer sentiment report that made interesting comments about probability of an interest rate cut from the Reserve Bank of Australia.

Australian Dollar Trades Lower Even as Trade Deficit Shrinks

The Australian dollar fell today against its major peers even though economic data released during the trading session showed that Australia’s trade balance deficit shrank in August. The likely reason for the currency’s poor performance were expectations of monetary tightening from the US Federal Reserve.

Australian Dollar Doesn’t Get Help from Economic Data

The Australian dollar fell against its major rivals today (with the exception of the Japanese yen against which it traded almost flat) despite positive macroeconomic reports released from Australia over the current trading session.

Australian Dollar Flat vs. US Dollar, Gains on Other Rivals After RBA

The Australian dollar was almost flat against its US counterpart but gained against other major peers after the Reserve Bank of Australia decided to keep its monetary policy without change.