Australia — News Archive


Australian Dollar Follows Iron Ore to Upside

The Australian dollar traded higher against its major rivals during the Thursday’s trading session even though the general market sentiment was negative to risky currencies.

Australian Dollar Sinks Despite Decent Economic Reports

The Australian dollar sank against its major peers today. It is hard to say why the currency was so weak considering that economic data released from Australia on Wednesday was not that bad.

AUD Rises vs. USD, Flat vs. Other Majors

The Australian dollar fell against its US counterpart after the release of monetary policy minutes from the Reserve Bank of Australia, but the managed to rebound as of now. At the same time, the currency was mostly flat versus its other most-traded rivals.

Australian Dollar Attempts to Bounce, Fails

The Australian dollar was trying to rebound today after yesterday’s drop but failed. The currency has started a decline at about 10:45 GMT and continued to fall till now.

Australian Dollar Weak, Hurt by Soft Data from Australia & Abroad

The Australian dollar was soft today as economic data both domestic and from abroad was not particularly good. This added to the weakness caused by the uncertainty regarding the outcome of the US presidential elections.

Australian Dollar Little Changed After Retail Sales & RBA

The Australian dollar was little changed after the release of the better-than-expected retail sales figure and the monetary policy statement from the Reserve Bank of Australia.

Unexpectedly Steep Drop of Building Approvals Makes Aussie Soft

The Australian dollar was vulnerable today due to unexpectedly soft macroeconomic data. The currency logged a decline, though has trimmed it against some of rivals by now.

Economic Data from Australia Sends Aussie Lower

The Australian dollar fell today as economic reports released from Australia during the current trading session were not particularly good, making them detrimental to the currency.

Australian Dollar Retreats from Session Highs, Stays Above Opening

The Australian dollar rose today following the release of better-than-expected inflation data. While the currency has retreated from the session highs as of now, it is still trading above the opening level.

Australian Dollar Struggles to Rise Ahead of Q3 CPI

The Australian dollar has continued to grapple against the power of the mighty US dollar. But today, AUD/USD attempted to fight its way back, setting a high at 0.7640 when just on Friday, it traded as low as 0.7587.