Reserve Bank of Australia — News Archive

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.

The US dollar ended the past trading week as the weakest currency on the Forex market. Prospects for an interest rate cut from the Federal Reserve was one of the main themes for talks among investors lately. But the latest developments in the trade war saga may change things.

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.

The Australian dollar sank today after the central bank signaled that it may cut interest rates at its next monetary policy meeting. While market participants were already expecting a rate cut in the near future, the confirmation of the dovish outlook still hurt the currency.

The Australian dollar fell today following the release of employment data. While the report had both positive and negative parts, markets preferred to focus on the negative ones. Additionally, the monetary policy outlook worsened.

The Australian dollar sank today, leading the decline among riskier commodity currencies, as the market sentiment deteriorated amid escalating trade tensions between China and the United States. Domestic macroeconomic data was not helpful to the Aussie either.

The Australian dollar attempted to rally today on the back of cautious optimism about the US-China trade talks but has almost lost its gains by now. The Reserve Bank of Australia released the Statement on the Monetary Policy, in which it downgraded growth forecast for this year.

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.

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.

The Australian dollar sank today after inflation data missed market expectations, fueling speculations about a potential interest rate cut from the Reserve Bank of Australia.