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...
View ArticleAussie 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,...
View ArticleAustralian 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...
View ArticleAustralian Dollar rides trading partners’ woes
THE Australian Dollar weakened last week, trading on Tuesday at 1.5437 to the British Pound, and around 0.9589 against the US Dollar as the Reserve Bank of Australia (RBA) cut the cash rate. Thursday...
View ArticleChina the dark cloud for strong Australian Dollar
THE Australian Dollar closed last week about where it had started after a slew of data out of China and the USA handed the currency a choppy few days. The two-month high of the previous week was...
View ArticleAustralian Dollar victim of Fiscal Cliff saga
THE Australian Dollar, like most emerging currencies, has been affected by the negotiations in the US to avoid the so-called Fiscal Cliff. US policy makers were hoping to have a solid plan in place by...
View ArticleAustralian Dollar boosted by strong US data
THE Australian Dollar began trading last week around the 1.5595 mark against the British Pound and 0.9645 to the US Dollar. The Aussie strengthened throughout the week to close on 1.533 to the British...
View ArticleAustralian Dollar rises on stronger Asian shares
THE Australian Dollar began trading last week around the 1.5331 mark against the British Pound and 0.9539 to the US Dollar. The Aussie weakened marginally until Friday and then strengthened throughout...
View ArticleAustralian Dollar slips on unfavourable labour data
THE Aussie Dollar slipped on Thursday with the release of labour force data from the Australian Bureau of Statistics (ABS). The ABS data showed unemployment in Australia rose in December, in line with...
View ArticleAustralian Dollar weakens on inflation data release
WHILE the overall AUD and USD rates continued declining last week as precious metals prices weakened and Australia reported lower than expected economic data, the Australian Dollar has remained...
View ArticleLocal data saves Australian Dollar
THE Australian Dollar looked poised to have a winning week when it opened at 1.514 against the British Pound last Monday, before strengthening to a high for the week of 1.501 on Tuesday. The early...
View ArticleAustralian Dollar skittish after RBA interest rate hint
THE Australian Dollar began a rather rough week opening on 4 February at 1.506 against the British Pound, and extending a decline to 1.531 by Friday. Sentiment was positive ahead of the expected...
View ArticleHiccup in the Australian dollar bullish run
The Australian Dollar began trading last Monday around the 1.511 mark against the British Pound and 0.9722 to the US Dollar. The so called Aussie strengthened throughout the week to close on 1.4973 to...
View ArticleAustralian Dollar continues bullish run
THE Australian Dollar began trading last week Monday around the 1.506 mark against the British Pound and 0.9708 to the US Dollar. The Aussie strengthened throughout the next seven days to open this...
View ArticleAustralian Dollar ducks and dives
IN the week up till 4 March the Australian Dollar fetched between 1.020 and 1.033 US Dollars and traded between 0.673 and 0.681 British Pounds. The Aussie started off the week slightly firmer,...
View ArticleAustralian Dollar can expect some relief
THE Australian Dollar opened this week weaker than where we left it on Friday, swapping hands around 1.023. After a busy seven days of economic releases around the globe, this week will bring some...
View ArticleAustralian Dollar buoyed by local data ahead of Cyprus jitters
THE Australian Dollar nearly hit a five-week high last week on the back of strong local data before losing most of its gains by week end. The Aussie opened on Monday 11 May at 1.459 against the...
View ArticleAustralian Dollar surges on Cypriot woes
RISK aversion came to the fore over the past week with the Cyprus banking crisis consuming the market’s attention. The Australian Dollar continues to be viewed as a safe haven currency, backed as it...
View ArticleYen shock drags Australian Dollar down
A rocky week for the Australian Dollar was marked by the dramatic new quantitative easing program initiated by Japan. The Aussie currency had started the post-Easter week stronger against the...
View ArticleAustralian Dollar tanks on commodities sell-off and China data
THE Australian Dollar opened the week with sharp declines following weaker than expected Chinese growth data and a bloodbath in commodity stocks. While the Aussie currency traded in a range of 1.459...
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