Australian Bureau of Statistics — News Archive

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Australian Dollar Follows Other Commodity Currencies in Decline, Tries to Rebound

The Australian dollar fell today together with other commodity currencies as investors were more interested in safer currencies, like the US dollar and the Japanese yen (but not the Swiss franc). That suggests that markets were in a risk-off mode, and the decline of European stocks during Monday’s trading session also implied that it was the case. The Aussie was attempting to rebound, getting support from better-than-expected macroeconomic releases in Australia […]

Good Retail Sales Report Fails to Boost Aussie

The Australian dollar was weak today, falling against all other most-traded currencies. That is despite domestic macroeconomic data that beat expectations.

Australian Dollar Stable After Economic Releases in Australia & China

The Australian dollar remained stable after macroeconomic releases in Australia as well as Australia’s biggest trading partner — China. The Aussie did not move far even though the data was very good and the general market sentiment was optimistic.

Australian Dollar Flat Despite Better-than-Expected GDP

The Australian dollar was trading flat today even though Australia’s gross domestic product rose more than was expected and the central bank’s chief delivered a rather optimistic speech.

Australian Dollar Soft on Mixed Domestic Data, China’s Trade Conflicts

The Australian dollar was soft today, trading either flat or lower versus other most-traded currencies. Domestic macroeconomic data was mixed, giving no help to the currency. Better-than-expected economic releases in China were unable to provide a boost either.

Aussie Flat, Ignores Negative Domestic Macroeconomic Data

Macroeconomic data released in Australia on Thursday was not good but that hardly affected the Australian currency. The Aussie was trading flat against all of its most-traded peers as trading was very quiet due to a holiday in the United States.

Australian Dollar Flat Despite Amazing Employment Data

The Australian dollar did not move far today as markets were in a consolidation mode after optimism caused by the coronavirus vaccine news started to wane. Even the stellar jobs report failed to boost the Australian currency.

Australian Dollar Holds Steady as Optimism Wanes

The Australian dollar held its ground today despite waning optimism about the coronavirus vaccine. Domestic macroeconomic data released in Australia on Wednesday was not great but not terrible either.

Aussie Strong After Trade Surplus Widens Beyond Expectations

The Australian dollar was strong today after Australia’s trade surplus rose more than analysts were expecting. But, perhaps, the bigger contributor to the Aussie’s strength was the positive general sentiment on markets. While optimism was not reigning on the Forex market as strongly as on the stock market, with all stock indices logging substantial gains both yesterday and today, most riskier currencies managed to rise during Thursday’s trading session.

Australian Dollar Second Strongest Ahead of RBA Meeting

The Australian dollar was the second strongest currency on the Forex market today, losing only to the Canadian dollar. The Aussie rallied for the same reasons as the New Zealand dollar: the rebound of crude oil prices, good economic data in China, decent domestic macroeconomic reports.

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