EUR/AUD — News Archive

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Aussie Mixed After Lowe Talks About Interest Rate Cuts

The Australian dollar was mixed today, falling against some rivals and rising versus others. The Aussie remained vulnerable due to prospects for additional interest rate cuts from the Reserve Bank of Australia.

Aussie Mixed-to-Lower After Leading Index Continues to Decline

The Australian dollar was mixed today, falling against some rivals and staying flat versus others, after the country’s leading index continued to decline.

Aussie Declines for Fifth Session on RBA Interest Rate Cut Prospects, Economic Data

The Australian dollar fell today, declining for the fifth consecutive trading session versus such majors as the US dollar and the Japanese yen. While the Aussie also fell against the euro initially, the shared currency of the eurozone has lost its gains by now. The reasons for the decline of Australia’s currency were the prospects for additional interest rate cuts from the Reserve Bank of Australia and unfavorable Australian macroeconomic data released during the Tuesday’s session.

Aussie Weakens on Poor China’s Data, Market Sentiment

The Australian dollar was soft today as the market sentiment remained negative following yesterday’s news about an attack on oil tankers in Middle East. Mixed macroeconomic data in China, Australia’s biggest trading partner, added to downside pressure on the currency. While some of the indicators were good, the arguably more important ones were surprisingly bad, suggesting that the Chinese economy struggles to maintain its impressive growth.

Australian Dollar Weak After Release of Employment Data

The Australian dollar was weak today, falling for the seventh consecutive trading session against the euro, following the release of employment data in Australia. While the report was not entirely bad, the market preferred to focus on the bad part.

Australian Dollar Remains Soft After Domestic, China’s Data

The Australian dollar continued to demonstrate weakness as risk appetite was slowly coming off markets. Domestic macroeconomic data was weighing on the currency further as the consumer sentiment deteriorated sharply. And while China’s consumer inflation was accelerating, painting a positive picture of the economic health of Australia’s biggest trading partner, that led to concerns that Beijing may withdraw stimulus if prices continue to rise at a fast pace.

Aussie Falls Despite Positive Market Sentiment, Domestic Data Doesn’t Help

The Australian dollar remained soft today, extending yesterday’s decline against many rivals. The Australian currency, together with its New Zealand counterpart, was moving in opposition to the general market sentiment, which was positive and supportive to riskier currencies. Mixed domestic macroeconomic data was not helping the Aussie.

Australian Dollar Soft After China’s Trade Surplus Grows

The Australian dollar was extremely weak against its most-traded peers today after China’s trade surplus rose much more than was expected.

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.

Aussie Soft due to Risk Aversion, Chinese Data

As many other currencies, the Australian dollar was soft today due to risk aversion caused by escalating US trade wars. Poor China’s macroeconomic data was not helping to improve the traders’ mood either.

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