National Australia Bank — News Archive

    Archives

Weak Employment Data Doesn’t Prevent Rally of Australian Dollar

Australian employment data came out today much weaker than was expected. Yet that did not prevent the Australian dollar from rising against the majority of its most-traded peers.

Australian Dollar Drops with Business Confidence

The Australian dollar declined today amid the worsening business confidence in Australia and the general negative market sentiment.

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.

Aussie Under Pressure from Wage Inflation Miss, Chinese News

The Australian dollar was under pressure today from the wage inflation miss. News from China did not do the currency any favors either.

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.

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 Rallies After CPI Beats Expectations

The Australian dollar rallied today against most-traded peers thanks to the inflation print that came out slightly above expectations.

Australian Dollar Gains Despite Interest Rate Projections, Unimpressive Economic Data

The Australian gained against most of its major rivals today, with the exception of the euro. News from Australia itself was not particularly supportive, but the currency profited from the positive market sentiment caused by the news from Great Britain.

Aussie Gains on Positive News About US-China Trade War

The Australian dollar gained today despite domestic macroeconomic data, which was not particularly supportive to the currency. The rally was a result of the positive market sentiment caused by news about good developments in the US-China trade relationships.

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.

Navigation

Menu