Friday, 29th March 2024

Australian Dollar News Page 2.html

This is the category page for all Australian Dollar news here on ukfx.co.uk...

Euro down as traders focus on Cyprus impact

27 Mar at 9 AM

News Item Link: Euro down as traders focus on Cyprus impact

The euro is currently at a four-month low against the US dollar as fears persist about the health of the single currency following a bailout deal with Cyprus. The worry is that bond holders and bank depositors could end up paying the price for other rescue deals within the bloc. Eurogroup head, Jeroen Dijsselbloem, originally said that the...

Commodity currencies boosted by bets on riskier assets

6 Mar at 9 AM

News Item Link: Commodity currencies boosted by bets on riskier assets

Commodity currencies have been given a boost by an improved appetite for riskier assets as the euro struggles to make gains ahead of a policy meeting at the European Central Bank. The mood has been given a boost by a commitment to bond buying at the US Federal Reserve and the probability that the Bank of England, ECB and Bank of Japan will...

Yen firm as investors look to Italian bond sale

27 Feb at 9 AM

News Item Link: Yen firm as investors look to Italian bond sale

As investors look towards an auction of Italian bonds the yen has held against other major currencies. Recent elections in Italy have ended in a political stalemate and seen the country’s borrowing costs soar. If these costs remain high they could have a detrimental effect on the euro. The dollar dropped 0.1 per cent against the Japanese...

Dollar down as Greece votes on further cost cuts

7 Nov at 9 AM

News Item Link: Dollar down as Greece votes on further cost cuts

The US dollar has fallen slightly against a basket of other currencies as investors bet that the currency has risen too fast recently against a background of debt problems in Europe and continuing economic uncertainty at home. However, all eyes are now on who will be leading the country as Americans await the results of the presidential...

Euro drops as Spain denies call for aid is imminent

3 Oct at 12 PM

News Item Link: Euro drops as Spain denies call for aid is imminent

An announcement by Prime Minister Mariano Rajoy of Spain that the country is not expecting to make an imminent call for aid from Europe has dented the euro slightly. However, things could have been worse for the single currency if the Australian dollar hadn’t fallen against most other currencies after an announcement by the Reserve Bank of...

Australian dollar weakens on profit-taking

24 Sep at 6 PM

News Item Link: Australian dollar weakens on profit-taking

The Australian and New Zealand dollars weakened on Monday as profit-taking brought an end to rallies that were driven by world central banks launching stimulus moves earlier in September. Meanwhile, the euro fell close to a low hit last Thursday due to ongoing uncertainty over Greece and Spain, while repatriation in Japan helped the yen...

Euro and Aussie bounce back

21 Sep at 10 AM

News Item Link: Euro and Aussie bounce back

The euro regained some ground on Friday, but saw its gains limited on the back of a spate of surveys that revealed business activity in the eurozone was still weak. The single currency climbed by 0.1 per cent to $1.2986, after falling to a low of $1.2920 on Thursday. Meanwhile, the Australia dollar went up by 0.3 per cent to $1.0468, and...

Dollar down as Fed announces stimulus

14 Sep at 9 AM

News Item Link: Dollar down as Fed announces stimulus

The dollar fell broadly on Thursday, dropping to a seven-month trough versus the yen and a four-month-low against the euro as the Federal Reserve revealed it was to inject further money into the flagging US economy. The Fed announced that it would purchase $40bn of mortgage debt a month and will keep buying this and other assets until...

Euro exchange rate falls on ECB doubts

10 Aug at 2 PM

News Item Link: Euro exchange rate falls on ECB doubts

The euro dropped for the third day in a row on Friday, falling further back from recent highs as investors began to doubt the ability of the European Central Bank to solve the debt crisis and offloaded the currency. Currencies like the Australian dollar also lost ground after weaker-than-anticipated trade data from China increased slowdown...

Aussie and Kiwi record highs against euro

3 Aug at 2 PM

News Item Link: Aussie and Kiwi record highs against euro

The New Zealand and Australian dollars jumped to record highs versus the euro as the single currency fell following disappointing news from the European Central Bank over the debt crisis in the region. The kiwi rose against a basket of currencies after prices of whole-milk powder went up, while the Australian dollar climbed against many of...