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Aussie Mixed After Poor Domestic Macroeconomic Data

The Australian dollar was mixed today, falling against some currencies, staying flat against others, but also managing to gain on the Swiss franc. Domestic macroeconomic reports released over the trading session were detrimental to the currency.

Australian Dollar Gains on RBA Surprise, Trims Gains Later

The Australian dollar jumped today after the nation’s central bank surprised markets, keeping interest rates unchanged. The currency has trimmed its gains by now, though, losing them against the Japanese yen completely.

Australian Dollar Recovers After Falling on Poor Data

The Australian dollar fell intraday but has recovered by now as markets were waiting for US nonfarm payrolls. Meanwhile, macroeconomic data in Australia was not good, which can explain the initial fall of the currency.

Australian Dollar Recovers After China’s Disappointing Data

The Australian dollar demonstrated the same performance as its New Zealand counterpart — rising a bit today after yesterday’s big slump. Unlike the kiwi though, the Aussie did not have negative domestic economic data to explain the decline. Perhaps, the currency continued to fall after disappointing macroeconomic releases in China on Tuesday. Update: currently, the Aussie has lost its gains.

Australian Dollar Flat After Macroeconomic Data

The Australian dollar traded about flat today after the release of positive macroeconomic data. Traders were reluctant to make big bets ahead of very important US nonfarm payrolls.

Australian Dollar Recovers after Tuesday’s Slump Thanks to China’s, Domestic Data

The Australian dollar recovered today after yesterday’s drop caused by Australia’s central bank. Macroeconomic data, both domestic and Chinese, was the major cause for the currency’s rally today.

Australian Dollar Opens Sharply Higher, Continues to Rise After

The Australian dollar opened sharply higher today compared to the Friday’s close and continued to move up versus most major currencies afterwards. While domestic macroeconomic data was not particularly good, the currency paid more attention to extremely positive reports in China, Australia’s biggest trading partner.

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.

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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