Australia — News Archive


Australian Dollar Rallies After Employment Data, Trims Gains

The Australian dollar gained today following the release of a very positive employment report, though the currency has trimmed its gains as of now.

Australian Dollar Follows NZ Peer into Decline

The Australian dollar demonstrated the same performance as its New Zealand counterpart, falling against other most-traded currencies even though Australia’s economic indicators were good.

Australian Dollar Mixed After RBA Minutes

The Australian dollar demonstrated mixed performance after the release of RBA policy minutes earlier during the Tuesday’s trading session. The currency rallied against the US dollar (though has trimmed its gains as of now) but fell against the euro and the Japanese yen.

Australian Dollar Halts Rally as Data from China Not Encouraging

The Australian dollar halted its rally versus its major rivals with the exception of the US dollar, against which the Aussie continued to rise. Today, moves of the Australian currency were driven mainly by news from China.

Australian Dollar Follows Movement of New Zealand Dollar

During the current trading session, the Australian dollar followed the moves its New Zealand counterpart, jumping intraday but trimming the gains later.

Australian Dollar Continues Climb Higher

The Australian dollar extended its rally today, rising against the euro for the seventh consecutive trading session. It is hard to explain the resilience of the currency considering that fundamentals were not particularly supportive for the Aussie.

Aussie Bounces vs. Greenback, Remains Down vs. Yen

The Australian dollar bounced against its US peer following the earlier decline but fell against the Japanese yen. Fundamentals were a bit mixed, and that explains the mixed performance of the currency.

Australian Dollar Undeterred by News from China

The trade balance report released from China was not particularly good. Yet this did not prevent the Australian dollar from rising, even though China is Australia’s biggest trading partner, thus news from the Asian country usually has a big influence on the Australian currency.

Australian Dollar Rises After RBA Statement & Construction Index

The Australian dollar rose today, gaining on the euro for the fourth consecutive day, following the release of the Monetary Policy Statement from the Reserve Bank of Australian and the construction index from Australian Industry Group.

Australian Dollar Higher Despite Lackluster Retail Sales

The Australian dollar moved higher during today’s trading session even though Australia’s retail sales missed analysts’ estimates.