For the 24 hours to 23:00 GMT, AUD weakened 1.00% against the USD to close at 1.0577, as Greece’s sovereign debt crisis spooked risk appetite for Australian dollar. Investors remained worried that Greece’s debt crisis remained highly unstable and that … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.80% against the USD to close at 1.0684. The Australian dollar was boosted after release of Chinese economic data, raising prospects for growth in exports from the South Pacific nations. In … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0599, after data showed that China’s growth remains steady, boosting demand for the South Pacific nation’s exports. In the US, the Federal Reserve Bank … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.85% against the USD, on Friday, to close at 1.0535. In the Asian session at 3:00GMT, the pair is trading at 1.0542, 0.07% higher from Friday’s close at 23:00 GMT. LME … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.13% against the USD to close at 1.0625. In the US, the initial jobless claims unexpectedly rose to 427,000 for the week ended 4 June 2011, compared to the previous week’s … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.70% against the USD to close at 1.0639. According to the US Federal Reserve’s latest Beige Book, economic activity has dropped off in several regions of the US, although the broader … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.11% against the USD to close at 1.0714, after the RBA held its base interest rate unchanged and stated that the current policy settings are “appropriate.” In the Asian session at … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.21% against the USD to close at 1.0726. In Australia, the Australian industry group and housing industry association have reported that the construction index rose to 39.6 in May, from 37.9 … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD, on Friday, to close at 1.0715. In Australia, the TD securities inflation rose by 0.2% in May from 0.3% increase in April. Meanwhile, the Australian ANZ job … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0674. In Australia, the seasonally adjusted performance of services index fell by 1.6 points to 49.9 in May from 51.5 points recorded in the … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.46% against the USD to close at 1.0631. In Australia, the trade balance stood at A$1.59 billion in April following a surplus of A$1.74 billion in March. In the Asian session … Continue reading →