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Australian Dollar Falls as Trade Balance Logs Unexpected Deficit

The Australian dollar fell against its major counterparts (with the exception of the Japanese yen) as the nation’s trade balance missed market expectations.

Australian Dollar Mixed Despite Support from Economic Data

The Australian dollar was mixed on Thursday despite very positive macroeconomic data, both from Australia and abroad. News from China was especially good as the services sector was expanding with the fastest pace in several years.

AUD/USD Gains After Caixin China Manufacturing PMI

The Australian dollar rallied on the first trading day of 2018 thanks to positive economic data from China. But while the currency managed to hold onto gains versus its US counterpart, the Aussie retreated against other rivals.

Aussie Pauses Rally, Bulls Unafraid

The Australian dollar fell today, but market analysts argued that it looks more like profit-taking after the strong rally than a trend-change. In fact, the Aussie continued to rise against its US counterpart, logging the sixth consecutive daily gain.

Australian Dollar Joins Rally of Commodity Currencies

The Australian dollar rose today, joining the other commodity currencies in the rally during holiday-thinned trade.

Aussie Rises After RBA Minutes, Struggles to Maintain Gains

The Reserve Bank released minutes of its latest policy meeting today. The notes had both good and bad things to mention. It appears that markets paid more attention to the good part as the Australian dollar rose against most of its major peers, with the exception of the euro. With that said, the Aussie struggled to maintain gains.

Australian Dollar Boosted by Amazing Jobs Data

The Australian dollar gained on its most-traded rivals today after the surprisingly good employment report boosted the currency.

Australian Dollar Fails to Maintain Rally, Losing Gains

The Australian dollar attempted to extend its rally today, but gains were limited, and the Aussie has lost them by now. Consequently, the currency was trading either flat or lower against its major rivals.

Australian Dollar Continues Move up, Shrugging off Negative Data

The Australian dollar managed to maintain yesterday’s gains and even accelerated its move to the upside today even though macroeconomic reports released in Australia during the current trading session were rather disappointing.

Australian Dollar Firm After Domestic & Chinese Economic Reports

The Australian dollar was flat against its US counterpart but rallied versus other majors after positive macroeconomic data, both domestic and China’s.

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