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Australian Dollar Fails to Keep Gains After Mixed Employment Report

The Australian dollar attempted to rally today following mixed employment data released in Australia. The currency failed to keep gains, though, and is now trading near opening levels against most major rivals.

Aussie Gains on Positive News About US-China Trade War

The Australian dollar gained today despite domestic macroeconomic data, which was not particularly supportive to the currency. The rally was a result of the positive market sentiment caused by news about good developments in the US-China trade relationships.

Aussie Drops After GDP Misses Expectations

The Australian dollar tumbled against its most-traded counterparts today as nation’s economic growth was disappointing. The general negative market sentiment was also unfavorable to the currency.

Aussie Mixed After RBA, Current Account

The Australian dollar was mixed today after the nation’s central bank kept interest rates unchanged, while the current account deficit narrowed.

Australian Dollar Logs Small Gains Despite Lackluster Data

The Australian dollar gained today despite disappointing domestic macroeconomic data. With that said, gains were relatively small, and the Aussie currently moves sideways.

Australian Dollar Propelled by Solid Employment Data

The Australian dollar rose today, propelled higher by strong employment figures. The falling inflation expectations did not affect the currency at all. While the Aussie has trimmed gains against some of its most-traded rivals by now, the currency remains safely above the opening level.

Aussie Falls Despite Improved RBA Economic Outlook, China’s PPI Weighs

The Australian dollar was soft today, falling against the euro and the Japanese yen for the first time after six sessions of gains in a row. Market analysts pointed at China’s slowing producer inflation as the most likely culprit in the currency’s decline.

Australian Dollar Rebounds After Falling on China’s Data

The Australian dollar dipped intraday following the economic releases in Australia and China. While Australia’s indicators were within expectations, China’s reports were disappointing. The currency has rebounded by now, trading near the opening level.

Australia’s Data Doesn’t Look Amazing, Aussie Defies Fundamentals

The Australian dollar was among the strongest currencies today. That puzzled market analysts as Australia’s macroeconomic reports were not particularly favorable and the market sentiment was negative to riskier commodity-related currencies due to geopolitical tensions and prospects for additional monetary tightening from the Federal Reserve.

Australian Dollar Shows Resilience in Face of Adverse Fundamentals

The Australian dollar managed to hold its ground, trading near the opening level against its major peers, despite fundamentals that were rather unfavorable to the currency today.

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