Australian Dollar News Page 3.html

The euro consolidated gains recorded recently on Tuesday on the back of a raft of negative economic data, while high hopes that key central banks were ready to add more stimulus kept risk currencies such as the Australian dollar at its recent highs. The single currency was at $1.2260, having fallen back from a three-week high close to...

The Australian dollar remains lower but began to climb after positive comments by the governor of the central bank on the Australian economy and better than anticipated economic data from China. At close of trading on Tuesday, the Aussie was trading at 102.89 USD, down from Monday’s figure of 103.12. On Tuesday as a whole, the currency...

After being pressurised at the beginning of Wednesday trading, the Australian dollar recovered to trade in positive territory versus its major counterparts. The rebound came on the back of weak Australian CPI ratings, which pulled the AUD/JPY up from a four-week trough in the 79.50 region to session highs around 79.95, up by roughly 20...

The euro fell across the board today, hitting another record low versus the Australian dollar, with Germany warning that Spain’s financial woes are a long way from being over and that its government should ultimately be responsible for European help for its banks. Prior to an aid for Spanish banks parliamentary vote in Germany, the...

High-risk currencies such as the Australian dollar started Wednesday’s trading strongly, having performed better than their G3 counterparts with markets preparing for major central banks to announce more policy action. However, among the world’s three most liquid currencies, the euro performed best. It was last seen trading at $1.2603,...

The dollar edged lower versus the euro on Wednesday following the Federal Reserve’s decision to extend its monetary stimulus, stating it was prepared to do even more in order to help a flagging US economic recovery. The Fed expanded its ‘Operation Twist’ scheme, an attempt to keep borrowing costs low by buying long-term securities...

The euro and commodity prices fell today as gains triggered by a surprise interest rate cut in China quickly evaporated after the Federal Reserve gave no hint of imminent quantitative easing. Hedge funds were offloading the currencies, with traders citing talk that economic data from China due this weekend may be weak and that easing in...

The euro held firm versus the dollar today, as vague hopes of further policy action in the US and Europe led to short-term players winding back their hedges against the currency. The Australian dollar also helped boost risk sentiment as it climbed to a three-week high on the back of surprisingly positive Australian employment data. The...

The New Zealand dollar has fallen to a five-month low versus the US dollar, as market sentiment remained pressurised after political leaders in Greece were unable to agree on the formation of a coalition government, putting the country’s access to international support at risk, reports Forexpros. NZD/USD tumbled to 0.7648 during Asian...

The AUD/USD is currently trading at 0.9932, coming off a fresh session and a low for the year of 0.9916, marginally above Tuesday’s daily and New York lows, reports nasdaq.com. ForexLive reported that corporate buyers have been seen at close to 0.9900 and at also at regular intervals to 0.9850. The pair has fallen from session highs of...