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Australian Dollar Mixed-to-Lower After RBA, Macroeconomic Data

The Australian dollar was little changed against most of its major rivals today but dropped versus the Japanese yen. Today’s macroeconomic data was rather poor, weighing on the currency.

Australian Dollar Mixed After Poor Housing Data

The housing report released in Australia today was very poor and missed already pessimistic expectations. Yet the Australian dollar was mixed, falling against some rivals, but managing to etch gains versus others.

Australian Dollar Firm After Weak Data

The Australian dollar fell against its US counterpart slightly but gained on other most-traded peers today even though domestic macroeconomic data was not particularly helpful to the currency.

Aussie Drops Even as Business Conditions Index Reaches Record High

The Australian dollar dropped today against its most-traded rivals, though not against the extremely weak Japanese yen, even as Australia’ business conditions index reached a record high. Yet by now, it looks like the currency managed to pare its losses.

Aussie Falls After RBA Statement & Home Loans Data, Bounces Later

The Australian currency behaved basically similarly to its New Zealand counterpart today, falling during the Asian session after the release of macroeconomic data from China but rebounding by now. The currency also fell following the release of the Monetary Policy Statement by the Reserve Bank of Australia and the home loans report.

Australian Dollar Firm After Domestic & Chinese Economic Reports

The Australian dollar was flat against its US counterpart but rallied versus other majors after positive macroeconomic data, both domestic and China’s.

Aussie Flat-to-Lower After Australian & Chinese Reports

The Australian dollar traded flat-to-lower today, the same as its New Zealand counterpart, even though macroeconomic reports from China, Australia’s biggest trading partner, were good. Domestic economic data was not so good, though.

Australian Dollar Extends Rally Caused by FOMC Minutes

The Australian dollar started a rally yesterday after the release of the Federal Reserve policy minutes and extended it into the Thursday’s trading session, though the currency has backed off a bit as of as now. Positive Australian macroeconomic reports helped the Aussie as well.

Aussie Gains on Greenback, Falls vs. Other Rivals

The Australian dollar gained versus its US counterpart, touching the highest level since May 2015, on the back of the US dollar’s weakness. The Aussie gained on the euro as well, but lost its gains versus the Japanese yen.

Rally of Crude Oil Helps Aussie Mitigate Negative Fundemantals

Fundamentals were largely adverse to the Australian dollar, but that did not prevent the Aussie from rallying today. Analysts explained such behavior by the rise of crude oil prices that bolstered currencies linked to commodities, the Aussie being one of such currencies.

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