Australian Dollar

South Pacific Currencies Up against Yen on Abe’s Victory

Submitted by Marcio Pereira on Mon, 17/12/2012 - 17:00
in

The Aussie climbed against the yen to its strongest level in 19 months after Japan’s opposition leader Shinzo Abe won the lower parliament election held yesterday. The party leadership has expressed its desire to adopt further easing measures...

RBA Cuts Interest Rate as Aussie Remains High

Submitted by Tradervox 2 on Wed, 05/12/2012 - 12:22
in

The Reserve Bank of Australia has reduced its benchmark interest rate to the lowest in half a century, as global recession threatens hiring in the country. The interest rate cut has also come at a time when the strong Australian dollar is hurting the country’s industries especially in tourism and manufacturing...

Australian Dollar Remains Low Prior to Business Investment Report

Submitted by Anonymous on Wed, 28/11/2012 - 11:42
in

The Aussie is still trading low against the dollar following its decline yesterday as speculation rose a report on capital expenditure growth will show a decline. This has dampened the outlook for the Australian currency as well as the country’s economy...

Australian Dollar Poised For a Weekly Gain

Submitted by Marcio Pereira on Fri, 23/11/2012 - 13:30
in

The Aussie continues with a spirited rally, pushing it to make a weekly gain against most currencies as global stocks rallied boosting the demand for riskier assets. Australian benchmark bond yields also rose to the highest in a month as speculation of an agreement between the European finance ministers emerged...

Australian Dollar Drops amid Slowdown Concerns

Submitted by Tradervox 2 on Tue, 13/11/2012 - 13:24
in

The Aussie has declined against the dollar amid fears that debt crisis in Europe is weighing on global growth. This has reduced the demand for riskier asset, pushing commodity related currencies down. The Australian dollar dropped against most of its major peers after report indicated that business confidence in Australia weakened..

Dollar Falls on Monetary Easing Prospects as Obama Wins

Submitted by Marcio Pereira on Wed, 07/11/2012 - 13:00
in

The US dollar declined against the euro for the second day as speculation US will maintain monetary stimulus rose after Barrack Obama, the US President was re-elected for a second term. The greenback fell against almost all of its most traded counterparts as Associated Press projected that Obama will win with at least 303 electoral votes...

South Pacific Currencies Remain Strong on Building Data and Risk Appetite

Submitted by Marcio Pereira on Wed, 31/10/2012 - 17:46
in

The New Zealand and Australian dollars remained high against the US dollar after both south pacific countries registered better-than-expected building approvals. The Aussie advanced against most of its peers prior to a report expected to show improvement in China PMI which is a bright spot for exporters in Australia...

Aussie Advances on Increased Risk Appetite

Submitted by Tradervox 1 on Wed, 17/10/2012 - 14:47
in

After two German law makers indicated that Germany is not opposed to Spain requesting for precautionary credit line, the market experienced a surge in risk appetite which pushed the commodity related high...

Aussie Rises on Increased Risk Appetite

Submitted by Tradervox 2 on Fri, 12/10/2012 - 13:27
in

Signs of improving US economy lead allowed investors to take riskier assets, pushing commodity related currencies high...

South Pacific Dollar Drop on Increased Safety Demand

Submitted by Anonymous on Thu, 04/10/2012 - 10:48
in

The Australian dollar dropped to its lowest level against the greenback as Australian Retail Sales grew less than the market was expecting. It weakened against most of its peers as speculation Bank of Australia will make another rate cut rose...

 

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