Australia — News Archive


Aussie Moves Higher for Second Day

The Australian dollar continued to move higher, rising for the second consecutive session today, as markets were calming down after Britain’s referendum.

Australian Dollar Takes Breath

The Australian dollar gained today amid the improving market sentiment. While the threat of the Brexit is still looming, markets decided to take breath and halted sell-off of high-beta currencies.

Helpful Fundamentals Make Australian Dollar Stronger

The Australian dollar climbed today thanks to helpful fundamentals, like the rise of crude oil prices and the weakness of the US dollar.

Australian Dollar Opens Sharply Higher, Moves Further Up

The Australian dollar opened sharply higher today and is now trading above the opening level as traders felt less concerned about the possibility of the Brexit.

Australian Dollar Weak Despite Supportive Employment Data

The Australian dollar dropped on Thursday even though economic data released from Australia during the session was positive. The currency touched the lowest level in four years versus the yen.

Australian Dollar Rises in Spite of Economic Data

The Australian dollar gained against its most-traded peers today even though Australia’s economic data was not particularly helpful to the currency.

Australian Dollar Touched Four-Year Low vs. Yen

The Australian dollar fell against its US counterpart today amid the risk-negative market sentiment and underwhelming economic data from Australia. The currency also dropped versus the Japanese yen, touching the lowest level in four years.

China’s Economic Data Mixed, Aussie Trades Lower

The Australian dollar fell against the US dollar and the Japanese yen today after the release of mixed economic data from China, Australia’s biggest trading partner.

RBA Decision Helps Aussie Gain Ground

The most recent decision from the Reserve Bank of Australia is helping the Aussie today. Additionally, expectations for an improved economy are helping the Down Under currency make some strides against its major counterparts.

Aussie Rises vs. Greenback, Little Changed vs. Other Majors

The Australian dollar climbed against its US peer together with other currencies today but moved just a little versus such majors as the euro and the Japanese yen.