Philip Lowe — News Archive

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Australian Dollar Mixed After RBA Minutes, Governor Comments

The Australian dollar was mixed today after the Reserve Bank released minutes of its August policy meeting, which did not provide many new insights into the central bank’s plans.

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 Gains As Consumer Sentiment Improves

The Australian dollar rose against most of its major rivals, though not against the euro, after Australia’s consumer sentiment improved. The gains were limited, though, as the central bank’s head confirmed that an interest rate hike is unlikely in the near future.

Australian Dollar Gains as China’s Imports from USA Increase

The Australian dollar rallied today after the release of China’s trade data. The currency gained even as the nation’s central bank signaled that it is not going to raise interest rates in the near future.

Australian Dollar Gains Despite RBA Governor Keeping Neutral Stance

The Australian dollar gained on its most-traded peers today even after Philip Lowe, Reserve Bank of Australia Governor, signaled that he sees no reason for hiking interest rates in the near future.

Aussie Gains on Greenback, Dragged Down vs. Other Rivals by Economic Data

The Australian dollar joined the broad based rally against its US rival. Against other currencies, the Aussie declined as basically all domestic macroeconomic reports released over the Thursday’s session were poor.

Australian Dollar Weakens on Inflation, Comments from RBA Chief

The Australian dollar fell today as inflation missed forecasts and the central bank’s chief made dovish comments. While the currency has rebounded from the day’s lows as of now, currently it is still trading below the opening level.

Australian Dollar Mixed After Lowe’s Speech and Moody’s Downgrade

The Australian dollar was mixed after the speech of Phillip Lowe, Reserve Bank of Australia Governor, and as Moody’s Investors Service downgraded credit ratings of several Australian Banks. The Aussie fell against such majors like the US dollar and the Swiss franc, but was flat versus the euro and gained on the weak yen.

Australian Dollar Lower After Economic Data & Comments from RBA Chief

The Australian dollar slid against its major rivals today as economic data from Australia and China was less than stellar. Comments from central bank’s chief Philip Lowe were not helping the matter as he was explaining dangers of high household debts to the economy.

AUD/USD Trades in a Range Ahead of Australia’s GDP Announcement

The AUD/USD currency pair was trading within a range for the better part of today’s session even as markets await the release of GDP data for the last quarter of 2016 early tomorrow morning. The Aussie failed to capitalize on a weaker US dollar even as markets await Donald Trump‘s speech before congress scheduled for later today.

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