Australian Bureau of Statistics — News Archive

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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.

Australian Dollar Flat amid Mixed Economic Reports

The Australian dollar was virtually flat today amid mixed domestic macroeconomic reports as traders were waiting for employment data from the United States.

Risk Aversion Drives AUD to New Lows Despite Unexpectedly Widening Trade Surplus

The Australian dollar fell today, reaching a new low for the year against the US dollar, amid risk aversion on the Forex market. The unexpected increase of the trade surplus failed to support the currency.

Unexpected Drop of Building Approvals Hurts Australian Dollar

The Australian dollar fell today as building approvals fell in August unexpectedly. The positive market sentiment was unable to rescue the currency.

Aussie Bounces After Initial Decline Caused by RBA Minutes & Economic Data

The Australian dollar dipped initially today following the release of central bank’s monetary policy minutes and poor macroeconomic data. Yet the currency has bounced by now after markets had calmed, largely ignoring US tariffs on Chinese goods.

Australian Dollar Higher Across the Board After Employment Report

The Australian dollar gained against all of its most-traded rivals today on the back of solid employment growth, which was faster than expected, and the improving market sentiment.

Australian Dollar Broadly Lower During Friday’s Trading

The Australian dollar traded broadly lower today. While domestic macroeconomic data was mixed, analysts speculated that persisting risk aversion on the Forex market was the major reason for the currency’s decline.

Australian Dollar Mostly Soft Despite Better-Than-Expected Trade Balance

The Australian dollar was mixed-to-lower today despite domestic macroeconomic data that showed a better-than-expected trade balance.

Aussie Struggles to Keep Gains Despite Better-Than-Expected GDP

The Australian dollar was volatile today, struggling to preserve its gains. While it was trading above the opening level against most major rivals, the Aussie struggled to move higher despite a very supportive factor in the form of the faster-than-expected economic growth.

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