Australia — News Archive


Australian Dollar Gains Following Retail Sales & RBA Statement

The Australian dollar rose against its most traded rivals today following the release of retail sales data and the Monetary Policy Statement from the Reserve Bank of Australia.

Australian Dollar Falls Along with Trade Surplus

The Australian dollar dropped today as the trade balance turned out to be worse than economists expected. The improving services industry did not help the currency.

Australian Dollar Fails to Bounce After RBA Meeting

The Australian dollar went down today after rising at the start of the trading session. The currency attempted to rebound after the central bank’s policy meeting, but the bounce was extremely short-lived.

Australian Dollar Struggles to Keep Gains, Data Weighs

The Australian dollar rallied today, following yesterday’s policy statement from the Federal Reserve. The currency struggled to maintain gains, though, as today’s macroeconomic data was unfavorable.

Australian Dollar Weakens on Inflation, Comments from RBA Chief

The Australian dollar fell today as inflation missed forecasts and the central bank’s chief made dovish comments. While the currency has rebounded from the day’s lows as of now, currently it is still trading below the opening level.

Australian Dollar Sinks as Interest Rate Hike Expectations Slashed

The Australian dollar tumbled today after a central bank official damped expectations of an interest rate hike.

AUD Boosted by Employment Data, Unable to Keep Momentum

The Australian dollar rallied on the back of positive employment data in the first half of the current trading session but was unable to keep the upward momentum. The currency trimmed gains against the US dollar and lost them outright against other most-traded rivals.

Australian Dollar Rallies Undisturbed by Poor Data

The Australian dollar continued to rise today following yesterday’s surge. The poor macroeconomic data released over the current session did not bother the currency much.

Aussie Shows No Reaction to Good News from China

Macroeconomic indicators released in China today were very good, painting a positive picture of the nation’s economy. Considering that China is the biggest trading partner of Australia, it was reasonable to expect the Australian dollar to rally on the news. But that did not happen.

AUD Boosted by Market Sentiment & Domestic Data

The Australian dollar rallied today thanks to the positive general market sentiment and domestic macroeconomic data.