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Australian Dollar softens after two-week highs
THE Australian Dollar traded between 1.023 and 1.041 US Dollars and between 0.654 and 0.664 British Pounds, from 16 to 23 July 2012. The Australian Dollar rose to an almost fortnight high against the...
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Australian Dollar gains as ECB reinforces optimistic outlook
THE Australian Dollar began trading last week Monday the 23 July around the 1.505 mark against the British Pound and 0.963 to the US Dollar. The Aussie rebounded on news from the European Central Bank...
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Australian Dollar strengthens on AAA ratings
THE Australian Dollar has seen a strong performance over the past week, coming to rest at 1.0568 to the US dollar and 0.6755 to the British pound. These are levels we have not experienced since late...
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Australian Dollar strengthens on domestic payroll data
THE Australian Dollar reached a four month high of 1.4758 to the British Pound last week as optimistic domestic Payroll data exceeded expectations. The bullish move came after employment edged past...
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Treasury announcement weakens Australian Dollar
THE Australian Dollar weakened on Friday due to the National Treasury giving the Reserve Bank of Australia (RBA) permission to cut the interest rate. The Aussie opened the week on 1.4838 to the...
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Australian Dollar spirals down as Ferguson declares end of mining boom
AUSTRALIA’S Resource and Energy minister Martin Ferguson declared the end of the country’s mining boom on Thursday. His controversial comments came following the announcement by BHP that it was...
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Australian Dollar slips and tumbles
GBP VS AUD THE Australian Dollar traded between 1.029 and 1.040 US Dollars and between 0.650 and 0.658 British Pounds over the period of 27 August and the 3 September 2012. The Aussie Dollar dropped to...
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Australian Dollar rallies after QE3 announcement
THE Australian dollar has seen it highest rally over the last week against the US Dollar, reaching 1.054 to the US dollar. It also hit a high of 0.65 to the British Pound. This movement came largely...
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Uncertainty weighs heavily on Australian Dollar
THE Australian Dollar strengthened against the majority of its peers over the last week. This despite the weak manufacturing data reported from China, ending the week at 0.644 British Pounds and 1.047...
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Australian Dollar recovers after Spanish jitters
THE Australian Dollar started trading on Monday at similar levels to the previous week however it weakened against its major counterparts in early Asian session as economic data from Japan, Australia...
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Australian Dollar slumps to four week low
THE Australian Dollar dropped to a three week low early last week after the Reserve Bank of Australia announced a cash interest rate cut of a quarter of a percentage point to 3.25 per cent, in direct...
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Australian Dollar regains some ground
THE Australian Dollar managed to make a decent recovery last week, despite a flurry of negative data released. The Aussie finished stronger for the week on 1.57 against the pound on Friday, down...
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Australian Dollar makes headway
THE Australian Dollar managed to regain some the ground it had lost over the past few weeks, ending the week just below the 1.55 mark. Surprisingly, it was news from the Eurozone that helped bolster...
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Australian Dollar moves ahead
THE Australian Dollar fetched between 1.025 and 1.037 US Dollars last week and between 0.642 and 0.645 British Pounds The week started out well for the Aussie with local inflation figures coming in at...
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Australian Dollar softens ahead of expected interest rate cut
THE Australian Dollar began trading last week at around 0.6443 British Pounds and 1.0377 US Dollars. The Aussie strengthened throughout the week to close at GBP 0.6445 and USD 1.0399 on Friday. That...
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China trade surplus offers encouragement to Australian Dollar
THE Australian Dollar saw advances in early trading on Monday morning, trading around 1.531 to the Pound. The gains against the majority of its peers were underpinned by a surging Yaun, after China...
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Aussie dollar too high, says strategist
THE Australian dollar is overvalued by as much as 10 US cents and is likely to stay that way for the next couple of years. Since it was first floated in 1983, the Australian dollar’s fate has been...
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Australian Dollar weakens on further signs of slowdown
THE Australian Dollar began trading last week Monday the 12 November 2012 at around 0.6535 British Pounds and 1.0395 US Dollars. The Aussie then weakened throughout the week to close at GBP 0.6504 and...
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Aussie Dollar holds ground on EU hope
THE Australian Dollar held its ground last week, trading at 1.5357 to the British Pound on Monday and around 0.9667 against the US Dollar. By Friday the Aussie closed around 1.5347 GBP and 0.9632 USD,...
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Australian Dollar slides on interest rate cut speculation
THE Australian Dollar started last week trading slightly higher compared to close of markets on Friday. This was due to the anticipation of a meeting held by European leaders where they were expected...
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