Australian Bureau of Statistics — News Archive

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Australian Dollar Surges After Employment Report, Loses Gains Later

The Australian dollar surged after release of a domestic employment report even though the data was mixed. By now, though, the currency has lost its gains, trading below the opening level against its most-traded rivals.

Australian Dollar Falls with House Prices

The Australian dollar was among the weakest currencies during the Tuesday’s session, falling together with house prices. The monetary policy minutes from the central bank did not reveal anything that could help the currency.

Aussie Stands Ground in Face of Adverse Fundamentals

Macroeconomic reports released during the Tuesday’s trading session did not paint a positive picture of Australia’s economy. Yet that did not prevent the Aussie from standing ground, avoiding losses, most likely due to mild risk appetite on the Forex market.

Australian Dollar Tumbles After GDP Misses Expectations

The Australian dollar sank versus other most-traded currencies today as Australia’s economic growth missed expectations, leading to speculations that the central bank may cut interest rates later this year.

Australian Dollar Soft Despite Positive Domestic Fundamentals

The Australian dollar was soft today even as domestic fundamentals were supportive to the currency. The likely reason for the currency’s weakness was bad news from China. Currently, the Aussie has trimmed its losses versus most majors.

Poor Chinese Economic Data Overshadows Australian Reports, Dragging Aussie Down

The Australian dollar fell on Thursday and was one of the weakest currencies on the Forex market during the trading session. While domestic macroeconomic data was decent for the most part, poor reports from China and risk aversion on markets dragged the currency down.

Australian Dollar Dragged Down by Market Sentiment, Poor Data

The Australian dollar was weak today, falling for the same reasons as its New Zealand counterpart: the negative market sentiment and poor domestic macroeconomic data.

Australian Dollar Gains on Employment, Retreats on Bad News

The Australian dollar rallied earlier during the Thursday’s trading session on the back of robust domestic employment growth but retreated later due to a range of negative fundamentals.

Australian Dollar Soft on Poor Housing Data, Other Reports

The Australian dollar traded flat-to-lower today after the release of underwhelming macroeconomic reports in Australia. Economic data in China, Australia’s biggest trading partner, was neutral, having a limited impact on the currency.

AUD Slides as China’s Caixin Manufacturing PMI Misses Expectations

The Australian dollar fell against its major peers today after the disappointing manufacturing report from China, Australia’s biggest trading partner. Macroeconomic data in Australia itself was decent, but that did not help the currency.

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