Aussie Dollar dips on weak retail sales figures but recovers above 69 cents
In short The Australian dollar fell after soft retail sales figures but remained above 69 cents It recovered against the British pound (GBP), Japanese Yen (JPY) and Euro (EUR) but stayed down against the NZ dollar (NZD) RBA unlikely to cut rates on Melbourne Cup on Tuesday Time Open Low High Today 0.6915 In the...Continue reading→
Australian Dollar to Yen hits 75 for the first time in months
In short The Australian dollar hits a 3 month high against the Japanese Yen The AUD/JPY has not been above 75 since late July Japanese central bank leaves rates on hold but signals rates could fall further Time Open Low High Today 74.43 In the last week 73.98 75.28 In the last month 71.75 75.28Continue reading→
AUD to USD exchange rate reaches a 3 month high
In short The Australian dollar hits a 3 month high against the US dollar The US dollar was particularly weak but the Aussie dollar moved higher against most major currencies except the NZ dollar The AUD/USD is up more than 3% since the start of October Time Open Low High Today 0.6899 In the last...Continue reading→
Australian dollar stronger overnight against the US dollar, Euro and Kiwi dollar but fails to fire against the Pound and Yen
In short The Australian is mixed against the major currencies lacking real direction The head of the RBA speaks today Interest rates are likely to be cut in the US on Wednesday Currency Open Low High Now AUD to USD 0.6822 0.6814 0.6868 0.6865 AUD to EUR 0.6156 0.6133 0.6183 0.6178 AUD to GBP 0.5318...Continue reading→
AUD climbs overnight as all eyes turn to the US Federal Reserve
In short The Australian dollar rebounded higher overnight against the US dollar It also moved up against the NZD, JPY and EUR but remained flat against the GBP Interest rates are likely to be cut in the US on Wednesday Time Open High Low Today 0.6837 In the last week 0.6880 0.6812 In the last...Continue reading→
A Big Week for Exchange Rates
In short The Australian dollar posted strong gains but started to fade last week Interest rates in the US could be coming down on Wednesday Important Australian inflation (CPI) data this week Time Open High Low Today 0.6816 In the last week 0.6812 0.6880 In the 3 months 0.6676 0.6966 In October, the AUDUSD has...Continue reading→
Australian Dollar falls flat to end the week lower
In short The Australian dollar falls but remains above 68 cents USD and JPY strengthen Important Australian inflation (CPI) data next week Time Open High Low Today 0.6828 Yesterday 0.6812 0.6846 In the last week 0.6812 0.6880 In the 3 months 0.6676 0.6978 The AUD to USD rate fell overnight as tensions between the US...Continue reading→
No news is good news for the Australian Dollar
In short The Australian dollar is unchanged from yesterday A lack of news has left the Australian dollar flat around 0.6850 No major Australian economic data out until inflation (CPI) next week Time Open High Low Today 0.6848 Yesterday 0.6841 0.6857 In the last week 0.6780 0.6880 In the 3 months 0.6676 0.6996 The Australian...Continue reading→
Is the AUD/USD exchange rate running out of steam?
In short The AUD has lost ground to the USD looking exhausted The AUD/GBP bounces higher after weeks of falling No major Australian economic data out until inflation (CPI) next week Time Open High Low Today 0.6843 Yesterday 0.6852 0.6880 In the last week 0.6729 0.6880 In the 3 months 0.6676 0.6980 Looking at the...Continue reading→
The AUD remains on a high against the USD but down against the Pound (GBP)
In short The AUD/USD remains close to a 4-week high against the US dollar at 0.6860 The AUD/GBP continues to weaken as the British Pound gets stronger China leaves rates on hold Time Open High Low Today 0.6877 Yesterday 0.6857 0.6880 In the last week 0.6729 0.6880 In the 3 months 0.6676 0.7030 The Australian...Continue reading→
