Currency News
This is your area for all the latest currency and financial news, with an emphasis on stories which relate to your currency needs. Updated regularly, this page gives you can the news as it happens from Australia's financial sector and the rest of the world too. Whether the Aussie has risen sharply, markets are nervous about risk or positive sentiment is on the rise, you can read the stories here to keep yourself up to speed.
Latest Currency News
 21 Years Without A Recession22 October 2012 Phoebe Robinson This is 21st year in a row that Australia has survived without a recession; this is a record growth period for any nation. This announcement was made in a positive assessment of Australians economic health, the director of Deloitte Access Economics, Chris Richardson, said this July marks 21 years since Australia last had a recession. Read More >> |
 Currency Exchange Services For Your Business03 October 2012 16:00 Currency Exchange Australia No matter what the size or type of your company your accounts will be dealt with by an expert and a currency exchange specialist can add value to your business by offering exchange rates that are better than your bank saving you money. Read More >> |
 Australian Dollar Lower Against Stronger USD25 September 2012 16:00 Currency Exchange Australia Today, the Australian dollar is more than half a cent lower against a stronger greenback. Earlier, the Australian dollar was trading at 104.07 US cents, down from 104.64 US cents on Friday afternoon. Read More >> |
 Australia GDP Below Expectations07 September 2012 13:00 Currency Exchange Australia According to a Bureau of Statistics report, Australia’s economy slowed last quarter because a number of other reasons. Gross domestic product in the second quarter advanced 0.6% from the previous quarter when it rose 1.4%. This figure was below expectations. Read More >> |
 Australian Dollar Up Following Federal Reserve's Policy Meeting23 August 2012 18:00 Currency Exchange Australia The Australian dollar held gains against the US dollar during a volatile session today as the Federal Reserve’s minutes increased hopes of more monetary stimulus. The Aussie edged up despite more bad news on China’s economy. Read More >> |
 RBA Leaves Interest Rates On Hold07 August 2012 17:00 Currency Exchange Australia The Reserve Bank of Australia has kept its key interest rate on hold as it waits for more concrete evidence about the strength of the global economy. The central bank left its cash rate at 3.5% which was a widely expected move. Read More >> |
 Australian Inflation Figures Released 25 July 2012 01:00 Currency Exchange Australia The release of official inflation data for the second quarter showed that core inflation in Australia rose 0.6% in the quarter and 2% annually. The chief economist of HSBC said, "Normally, a low inflation result like this would be enough to see the RBA cut rates. But the difference this time around is that the RBA has already cut rates by 75 basis points in the past three months.” Read More >> |
 Can The Aussie Stay Strong? 16 July 2012 21:00 Currency Exchange Australia The Australian Dollar has begun the week stronger than it finished last week. It seems this was due to improved global sentiment and increasingly stronger equity markets. Read More >> |
 AUD Remains Strong 04 July 2012 02:00 Currency Exchange Australia The Australian economy has been holding its ground and seems to be one of the only economies across the globe to be doing so. Read More >> |
 Australian Dollar Falls Before European Debt Sales25 June 2012 11:00am Currency Exchange Australia The Australian dollar fell amid concerns that Europe’s debt crisis will continue to increase the region’s borrowing costs which will in turn halt demand for riskier assets. Read More >> |
 Australian Dollar Lifts But Europe Concerns Remain18 June 2012 17:00 Currency Exchange Australia The Australian dollar was higher today, rallying to a one-month high, as markets were seemingly happy with the news that the pro-bailout party, the New Democracy party saw a narrow victory in the Greek elections, lowering the changes of Greece exiting the Eurozone. Read More >> |
 Australian Dollar Higher Despite Cautious Market13 June 2012 16:00 Currency Exchange Australia The Australian dollar has moved to within half a US cent of parity with its US counterpart and could move higher in the coming days, even as markets remain nervous about upcoming Greek elections. Read More >> |
 Aussie Dollar Down As Retail Sales Fall30 May 2012 16:00 Currency Exchange Australia The Australian dollar was weaker today following news of weaker than expected retail sales in April, which has lead to forecasts of an interest rate cut. Read More >> |
 Australian Dollar Drops As Investors Shun Risk Assets23 May 2012 16:30 Currency Exchange Australia The Australian dollar fell sharply overnight to trade further below parity against the US currency, with little relief in sight as investors shun risky assets. Read More >> |
 Australian And New Zealand Dollars Rebounds 17 May 2012 11:30am Currency Exchange Australia The Australian and New Zealand dollars rebounded from five-month lows amid speculation their recent declines were excessive. The currencies rose versus the majority of their peers as Asian stocks headed for their first advance in seven days on prospects the Federal Reserve will ease policy further to spur growth. Read More >> |
 Australian Dollar Extends Decline Against Most Majors14 May 2012 17:00 Currency Exchange Australia The Australian and New Zealand dollars are extending their previous session's slide against most major currencies on growing concerns about the Eurozone debt crisis. Read More >> |
 Australian Dollar OK Despite RBA’s Lower Growth Forecast 04 May 2012 10:00am Currency Exchange Australia The Reserve Bank of Australia has cut its growth and inflation prediction as non-mining sectors struggle under the weight of a high Australian dollar. Read More >> |
 Australian Dollar Weakens On Chance Of Interest Rates Cut25 April 2012 17:30 Currency Exchange Australia The Australian dollar fell against most of its major peers after slowing consumer price inflation in Australia increased the chance that the central bank will lower interest rates. Read More >> |
 What Are Your Travel Money Options?23 April 2012 17:00 Currency Exchange Australia If you are planning trip abroad then you should start to think about how you will spend your money once you are there because with the right service you can be sure you are making great savings. Read More >> |
 Aussie Rallies On IMF Growth Outlook 18 April 2012 22:00 Currency Exchange Australia The Australian dollar remained high against its major peers after the International Monetary Fund, in its latest World Economic Outlook report, forecasted growth in Australia to be 3% in 2012 and 3.5% in 2013 Read More >> |
 Australian Shares Fall Following Weak Chinese Economic Data16 April 2012 12:30pm Currency Exchange Australia The Australian share market closed lower following weak Chinese economic data which showed that China’s economy expanded at its slowest pace in three years. Read More >> |
 NAB Say Australian Unemployment Will Reach 5.4%11 April 2012 17:00 Currency Exchange Australia One of Australia’s biggest banks, The National Australia Bank, has cut its growth forecast for the country’s economy this year. Previously the bank expected Australia’s economy to grow 3.25% but have significantly cut their growth forecast to 2.9% in 2012. Read More >> |
 Australian Dollar Falls Sharply After Weak Trade Data05 April 2012 03:00am Currency Exchange Australia The Australian dollar dropped against most major counterparts today after the nation unexpectedly posted a trade deficit, adding pressure on the Reserve Bank of Australia (RBA) to cut interest rates as the economy slows Read More >> |
 Australian Dollar Slumps On Housing Data03 April 2012 00:00am Currency Exchange Australia Today, after the Australian Bureau of Statistics announced that the number of houses and apartments approved for construction dropped 7.8% from January, the Australian dollar fell as low as 103.96. Read More >> |
 Get Help With Your Private Exchange Needs28 March 2012 12:00pm Currency Exchange Australia Using the services of a private exchange broker can make your international payments cheaper, quicker and even easier to organise. Read More >> |
 Get Help With Smaller International Transfers26 March 2012 09:00am Currency Exchange Australia Dealing with transfers up to around AU $3000, money transfer firms can offer you a more cost effective and efficient service than regular banks. Read More >> |
 Add Value To Your Business With Corporate Currency Brokers20 March 2012 05:00am Currency Exchange Australia In recent years foreign exchange specialist aimed at corporate clients have become business.Find out why... Read More >> |
 Forex Trading: The Fast Paced Investment Venture 12 March 2012 Currency Exchange Australia If you’re looking for a new, diverse and exciting investment opportunity Forex Trading might be just what you’re looking for. Read More >> |
 Take Advantage Of The Benefits Of A Money Transfer Service05 March 2012 Currency Exchange Australia Many people in Australia are utilising the benefits of online money transfer services to send money abroad, to friends, family or staff, because you can be offered some of the best exchange rates available. Read More >> |
 Reducing The Risk Of Forex Trading 29 February 2012 Currency Exchange Australia If you are considering getting involved in forex trading, it is therefore advised that you find out as much as possible about reducing the risks involved before opening an online forex account. Read More >> |
 Beat Your Bank Rates With a Private Exchange Broker 27 February 2012 Currency Exchange Australia If you’re organizing an international payment, you may automatically go to your regular bank to arrange the transfer, but have you ever considered that it might be costing you more money than necessary? Read More >> |
 EU Debt Woes Continue But Outlook Positive For Aussie 22 February 2012 Currency Exchange Australia Since reaching lows in 2008 the Australian dollar has regained around 80%, the equivalent of US $0.60 as the result of the mining boom, high domestic rates of interest and soaring commodity prices. Read More >> |
 How Does Forex Trading Work?20 February 2012 Currency Exchange Australia Forex traders usually seek out currency pairs that they predict will fluctuate in value and aim to buy low and sell high. Read More >> |
 How To Manage Forex Trading Risk13 February 2012 Currency Exchange Australia If you’re thinking about starting to trade in foreign currency or are new to the world of forex trading, you should be aware of the potential risks involved in this fast paced and volatile market. Read More >> |
 Trading On the Forex Market 30 January 2012 Currency Exchange Australia Forex, or ‘foreign exchange’ trading is the buying and selling of currencies on the world-wide foreign exchange market. Read More >> |
 Australian Dollar Holds On To Three Month High 25 January 2012 Currency Exchange Australia The Australian dollar has soared to a twelve week high this week and remains strong despite the release of weaker than anticipated domestic inflation data. Read More >> |
 Meeting Your Corporate Money Transfer Needs23 January 2012 Currency Exchange Australia Corporate currency exchange brokers offer specialist advice and the best possible rates of exchange on your international transfers. Read More >> |
 Know The Risks Involved In Forex Trading18 January 2012 Currency Exchange Australia If you’re thinking about trading on the foreign exchange or ‘forex’ market you need to make sure you are aware of the risks involved before investing your money. Read More >> |
 Making A Smaller International Payment? Get A Better Deal With Money Transfer Firms16 January 2012 Currency Exchange Australia Whether you need to transfer funds between bank accounts in different countries, send money to relatives overseas or make small volume international purchases, money transfer firms will help you exchange funds up to the value of around $3,000 Read More >> |
 Interested In Currency? Get Started In Forex Trading09 January 2012 Currency Exchange Australia Forex Trading might be the ideal opportunity for you to invest and earn in an exciting and fast paced market. Read More >> |
 Aussie Weakens on Renewed EU Debt Concerns04 January 2012 Currency Exchange Australia After a four day run of gains against its major counterparts the Australian dollar weakened on Wednesday as news of European bond auctions dampened investor appetite for riskier currencies. Read More >> |
 Aussie Boosted By Strong US Economic Data21 December 2011 Currency Exchange Australia The Australian dollar was trading higher on Wednesday after positive US housing data revived investor appetite for higher risk currencies. Read More >> |
 Aus Falls Below Parity on EU Debt Fears15 December 2011 Currency Exchange Australia The Australian dollar dipped below parity for the first time in 2 weeks due to ongoing fears about the state of the global economy going as low as 99.76 US cents. Read More >> |
 Aussie Higher On EU Treaty Agreement12 December 2011 Currency Exchange Australia The Australian dollar was higher on Monday following news that European Leaders have agreed on a draft treaty which will lead to stricter financial controls on single currency nations and prevent the region’s debt crisis from spreading. Read More >> |
 Aussie Gains On Positive GDP Data 07 December 2011 Currency Exchange Oz After being weakened by the Reserve Bank of Australia’s second rate cut in as many months, the Australian dollar was stronger on Wednesday following the release of better than expected gross domestic product data. Read More >> |
 Aussie Lower Ahead Of RBA Interest Rate Cut05 December 2011 Currency Exchange Oz The Australian dollar weakened against its largest peers on Monday as speculation grew that the Reserve Bank will make a further cut to interest rates tomorrow. Read More >> |
 Aussie Reaches Parity On Positive Economic Data 30 November 2011 Currency Exchange Oz Improved US consumer confidence data and strong local business figures helped push the Australian dollar higher on Wednesday, enabling it to regain parity with its US counterpart. Read More >> |
 Aussie Higher On Talks Of Italy Bail-Out28 November 2011 Currency Exchange Oz The Australian dollar recovered some of last week’s losses on Monday following reports over the weekend of progress in Euro zone crisis talks and a possible bail-out for Italy. Read More >> |
 Strong Construction Data Fails To Lift Currency23 November 2011 Currency Exchange Oz Global debt issues continued to weigh heavily on the Australian dollar on Wednesday, despite the release of strong local construction data. Read More >> |
 Aussie Below Parity Amid US Debt Negotiations21 November 2011 Currency Exchange Oz The Australian dollar weakened to a near six week low on Monday as the US debt deficit one again hit headlines, sparking caution among investors. Read More >> |
 Aussie Lower As European Debt Pressure Mounts16 November 2011 Currency Exchange Oz The Australian dollar declined against its US counterpart for the third consecutive day on Wednesday as concerns about the Italian and Spanish economies added to market pessimism surrounding the EU debt crisis. Read More >> |
 Aussie Stronger As EU Leadership Changes Boost Optimism14 November 2011 Currency Exchange Oz The Australian dollar strengthened against US dollar on Monday amid hopes that leadership changes in Italy and Greece will help to resolve the European debt crisis. Read More >> |
 Aussie Lower On Weak Chinese Data And Expected Unemployment Rise09 November 2011 Currency Exchange Oz The Australian dollar declined against the majority of its biggest counterparts on Wednesday following the release of disappointing Chinese economic data and ahead of an expected rise in the local unemployment rate. Read More >> |
 Euro Zone Crisis Weighs on Australian Dollar07 November 2011 Currency Exchange Oz The Australian dollar was slightly lower on Monday, remaining subdued amid ongoing EU debt tensions. After trading at around $103.97 US cents at close of trade on Friday, the Aussie failed to gain much momentum over the weekend. By midday on Monday AEDT the local currency was weaker at $103.88 US cents. Read More >> |
 Aussie Lower On EU Debt Concerns02 November 2011 Currency Exchange Oz The Australian dollar was sent lower on Wednesday following overnight news that Greece is planning to hold a referendum before agreeing to accept a second Euro zone bail- out package. Read More >> |
 Markets Cautious Ahead Of ‘Risky’ Week31 October 2011 Currency Exchange Oz The Australian dollar was weakened against its US counterpart on Monday amid speculation of a mixture of domestic and offshore risk factors. Read More >> |
 Aussie Weakens On Low Inflation Data 26 October 2011 Currency Exchange Oz The Australian lower was weaker against its US counterpart on Wednesday after moderate inflation data reduced the likelihood of a cash rate hike by the central bank. Read More >> |
 Aussie Stronger Following EU Debt Crisis Summit24 October 2011 Currency Exchange Oz The Australian dollar was trading up on Monday after market sentiment was boosted by reported progress in the EU leaders’ weekend summit. Read More >> |
 Improved EU sentiment Boosts Australian Dollar19 October 2011 Currency Exchange Australia Optimism in the possibility of European leaders finding a resolution to the zone’s debt crisis returned to the markets on Wednesday, boosting the Australian dollar by over one US cent. Read More >> |
 Aussie Higher On Positive US Data And Renewed EU Optimism17 October 2011 Currency Exchange Australia The Australian dollar strengthened by over one US cent on Monday following positive US retail sales data and renewed optimism in plans to help tackle the Euro zone debt crisis. Read More >> |
 Aussie Higher On Positive Local & US Data, EU Debt Resolution10 October 2011 Currency Exchange Australia The Australian dollar was trading higher on Monday, supported by projections of positive local employment data, strong payroll figures from the US and renewed optimism over management of the Euro zone debt crisis. Read More >> |
 Australian Dollar Lower On Euro Zone Downgrade05 October 2011 Currency Exchange Australia The downgrade of another EU zone country sent the Australian dollar lower on Wednesday amid renewed fears over the impact of the region’s debt crisis on the global economy. Read More >> |
 Aussie Falls To 2011 Low03 October 2011 Currency Exchange Australia The Australian dollar fell to its lowest level this year on Monday as stocks, commodities and currencies declined after a large scale sell off on Wall Street on Friday. Read More >> |
 Aussie Firms On Reports Of Greek Debt Resolution28 September 2011 Currency Exchange Australia The Australian dollar was slightly firmer on Wednesday as EU policy leaders made progress with their plans to resolve Greece’s debt crisis. Read More >> |
 Aussie Trades Lower On Greek Debt Comments26 September 2011 Currency Exchange Australia Following a positive start to the session, the Australian dollar lost almost half a cent against the US dollar on Monday amid fears that Greece’s debt could impact on other economies. Read More >> |
 Aussie Higher As Euro Zone Negotiations Progress21 September 2011 Currency Exchange Australia The Australian dollar was trading higher on Wednesday as news of progress in the Greece debt crisis talks renewed investor risk appetite. Read More >> |
 Aussie Lower On European Uncertainty19 September 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday after it was announced that the planned bail-out for debt stricken Greece would be delayed. Read More >> |
 Aussie Lower On Threat Of Greek Debt Default12 September 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday as concerns over the EU debt crisis were fuelled by the resignation of one of the European Central Bank’s executive board members. Read More >> |
 Aussie Regains Losses Following Strong GDP Data 07 September 2011 Currency Exchange UK After opening lower on Wednesday the Australian dollar regained its losses following the release of better than expected local GDP data. Read More >> |
 Aussie Down On Weak US Employment Data05 September 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday as weak US jobs data affected investor risk appetite. Read More >> |
 Australian Dollar Higher On Economic Optimism 31 August 2011 Currency Exchange Australia The Australian dollar was trading higher on Wednesday as global equity markets strengthened and speculation grew that the US Federal Reserve would act to stimulate the American economy. Read More >> |
 Is The Strong Aussie A Good Thing?24 August 2011 Currency Exchange Australia The stronger the dollar, the more expensive our exports become which means that they can often be brought for less money elsewhere. Read More >> |
 Aussie Marginally Higher Despite Ongoing Eurozone Debt Concerns17 August 2011 Currency Exchange Australia The Australian dollar was trading marginally higher on Wednesday despite risk appetite declining amid ongoing European debt woes. Read More >> |
 Australian Dollar Higher Amid 'Calmer' Markets15 August 2011 Currency Exchange Australia The Australian dollar saw a positive start to the week, trading higher on Monday amid renewed investor confidence and a calmer financial market. Read More >> |
 Aussie Boosted By US Interest Rate Freeze10 August 2011 Currency Exchange Australia The Australian dollar was trading higher on Wednesday following a pledge by the US Federal Reserve to freeze interest rates at their current lows for two years in order to revive the American economy. Read More >> |
 The Australian dollar was trading lower on Monday as the downgrade of America’s credit rating continued to weigh heavily on markets across the globe. 08 August 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday as the downgrade of America’s credit rating continued to weigh heavily on markets across the globe. Read More >> |
 Aussie Falls On Weak Economic Data And Frozen Cash Rate03 August 2011 Currency Exchange Australia A combination of weak local and US data sent the Australian dollar trading lower on Wednesday, in addition to news that the cash rate had been kept on hold. Read More >> |
 Local Inflation Data Pushes Aussie To Post-Float High 27 July 2011 Currency Exchange Australia The Australian dollar soared to a new post-float high on Wednesday after higher than expected inflation data increased the likelihood of a near-term rate hike. Read More >> |
 Australian Dollar Up Amid Hopes of US Debt Deficit Agreement25 July 2011 Currency Exchange Australia The Australian dollar was trading up on Monday amid optimism that a long-term debt reduction plan for the US has been agreed. Read More >> |
 Aussie Strengthens As US Debt Plan Is Endorsed20 July 2011 Currency Exchange Australia The Australian dollar strengthened against its American counterpart on Wednesday amid news that a resolution may have been reached regarding the US debt crisis. Read More >> |
 Australian Dollar Drops As Investors Seek Safe Haven18 July 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday as investors opted for safe haven currencies amid ongoing economic uncertainty in Europe and the US. Read More >> |
 Aussie Boosted By Positive Chinese GDP Data 13 July 2011 Currency Exchange Australia The Aussie received a welcome boost from the release of China’s annual gross domestic product figures after being weakened on Tuesday by disappointing local consumer sentiment data and Euro zone debt. Read More >> |
 Australian Dollar Drops After US Job Figures Released11 July 2011 Currency Exchange Australia The disappointing new jobs figures from the US published late last week, along with more gloomy news about the debt crisis in Europe, has pushed the Aussie down by US$0.75. Friday saw the dollar trading at 107.77 US cents, ending today at 107.00 US cents. Read More >> |
 The Dollar Hits Highest Rate Against Sterling For 26 Years08 July 2011 Currency Exchange Australia As the Bank of England left low interest rates well alone yesterday, the Aussie dollar strengthened to 67.59 pence at its peak. This is the highest rate against the Sterling for 26 years. Read More >> |
 Australian Dollar Drop Ends As Jobs Data Emerges06 July 2011 Currency Exchange Australia The two-day decline of the Australian dollar against the US dollar has ended. This comes as economists predict the jobs figures for Australia to increase by 15,000 in the last quarter, more than any other country, to be released in a government report soon Read More >> |
 Aussie Dollar Fares Well29 June 2011 Currency Exchange Australia The Australian Dollar is performing quite well at the moment. Risk appetite is up, therefore commodity currencies are moving well. Read More >> |
 Aussie Dollar Drops 27 June 2011 Currency Exchange Australia The Australian dollar fell to its lowest level in eleven weeks today. Read More >> |
 Aussie Dollar Improves A little20 June 2011 Currency Exchange Australia The Australian Dollar has perked up, snapping out of a two session losing streak. Read More >> |
 Aussie Strengthens On RBA Inflation Warning 15 June 2011 Currency Exchange Australia The Australian dollar strengthened against the US dollar on Wednesday as comments from the Reserve Bank of Australia suggested that an interest rate hike this year would be necessary. Read More >> |
 Aussie Recovers Losses Ahead Of Monday Market Closure13 June 2011 Currency Exchange Australia The Australian dollar recovered some of its losses on Friday, ending the trading week slightly higher. Read More >> |
 Aussie Down On Weak Equity Market08 June 2011 Currency Exchange Australia The Australian dollar was trading lower on Wednesday as a result of a weak performance from the equity market. Read More >> |
 Aussie Boosted By Declining US Dollar06 June 2011 Currency Exchange Australia The Aussie was trading up on Monday boosted by a decline in the US dollar caused by disappointing American employment data. Read More >> |
 Aussie Holds Ground Despite Disappointing GDP Data 01 June 2011 Currency Exchange Australia The Australian dollar was trading slightly higher on Wednesday despite the release of disappointing local gross domestic product (GDP) data. Read More >> |
 The Aussie Drops25 May 2011 Currency Exchange Australia The Australian dollar dropped today amid concerns over the impact of Europe’s debt crisis on the global economy. Read More >> |
 Australian Dollar Overnight Recovery24 May 2011 Currency Exchange Australia Following the further debt worries in Europe over the last few days, the Australian dollar had fallen considerably as a result. Read More >> |
 The Dollar Declines23 May 2011 Currency Exchange Australia Following the continuation of Europe’s debt crisis the Australian dollar has declined more than one US cent. Read More >> |
 Weak Wages Data Fails To Affect Aussie18 May 2011 Currency Exchange Australia The Australian dollar was trading slightly higher on Wednesday despite weak wages data suggesting a freeze on interest rates until June. Read More >> |
 Dollar Down Ahead Of Euro-Zone Debt Meeting & RBA Minutes16 May 2011 Currency Exchange Australia The Australian dollar was down on Monday amid concerns over European debt and in anticipation of the release of the Royal Bank of Australia’s board meeting minutes on Tuesday. Read More >> |
 Australian Dollar Rises on Interest Rate Expectations11 May 2011 Currency Exchange Australia The Australian dollar rose for the fourth day as markets continued to speculate on increases in the interest rate, which are expected to be brought forward by the Reserve Bank of Australia (RBA). Read More >> |
 Euro Remains Best Performer Despite Tumble09 May 2011 Currency Exchange Australia The euro currency is still the no. 1 performing currency this year, despite a tumble towards the end of last week that saw it losing 3.45 per cent. Read More >> |
 Weak Retail Sales Cause Aussie Slump05 May 2011 Currency Exchange Australia Disappointing figures from the retail sales sector have caused a slump in the Australian dollar today. Falling to its lowest point in over a week, it sank to US$1.070 after official figures were released. Read More >> |
 Osama Death – No Major Impact on Markets03 May 2011 Currency Exchange Australia The death of Al-Qaeda leader Osama bin Laden has had no major impact on markets thus far and the event has even been labeled a “non-event” by one strategist at IG Markets. Read More >> |
 Australian Dollar Remains In Record Territory27 April 2011 Currency Exchange The Australian dollar continued its strong run on Wednesday remaining in record territory amid strong commodity prices and global economic optimism. Read More >> |
 Aussie Soars To Post Float High On Positive Trade Data 20 April 2011 Currency Exchange Australia After a mixed start to the trading week the Australian dollar soared to a post-float high on Wednesday following the release of positive local terms of trade figures. Read More >> |
 Australian Dollar Trades Up Following Losses13 April 2011 Currency Exchange Australia The Australian dollar recovered some of its losses on Wednesday after the aftershock in Japan caused the Aussie to plunge by over one US cent on Tuesday evening. Read More >> |
 Strengthening Risk Sentiment From Japan Pushes Aussie To New High11 April 2011 Currency Exchange Australia A surge in commodity prices pushed the Australian dollar to a new post float high on Monday as risk sentiment in Japan continued to recover. In the early hours on Monday morning the Aussie reached 105.80 US cents, its highest level against the US dollar since 1983 when it was first floated on the currency market. Read More >> |
 Aussie Up Despite Disappointing Housing Data 06 April 2011 Currency Exchange Oz At 1200 AEST the Aussie traded at 103.71 US cents, an increase on Tuesday’s close of 103.37 US cents. Throughout the morning the local currency remained between 101.16 and 103.75 US cents. Read More >> |
 Australian Dollar Starts Week With Fresh Post Float High 04 April 2011 Currency Exchange Oz The Australian dollar had a strong start to the trading week by reaching yet another post float high on Monday morning. Read More >> |
 Aussie Sets New Post-Float High As Market Sentiment Improves 30 March 2011 Currency Exchange Oz The Australian dollar reached another post-float record high during trade on Wednesday amid strengthening market sentiment and a rise in Asian equities. Read More >> |
 Aussie Remains Up After Reaching Post Float High 28 March 2011 Currency Exchange Oz The Australian dollar remained high during Monday’s trade after reaching a post-float record in the early hours of Saturday morning. Read More >> |
 Aussie Trades Higher On Japanese Cash Injection 22 March 2011 Currency Exchange Australia The Aussie traded higher on Tuesday as investor appetite was boosted by Japan’s central bank cash injection into the currency market. Read More >> |
 Australian Dollar Back Above Parity 21 March 2011 Currency Exchange Oz The Australian dollar was back above parity during trade on Monday as a stabilising of the nuclear disaster in Japan encouraged investors back into riskier assets. Read More >> |
 Aussie Remains Low Despite Stock Market Revival 16 March 2011 Currency Exchange Oz The Australian dollar remained low during Wednesday’s trade, despite the local stock market closing in the black for the first time in eight trading sessions. Read More >> |
 Markets Dominated By Devastation In Japan 14 March 2011 Currency Exchange Oz The impact of Japan’s devastating natural disasters dominated the markets on Monday with Australian stocks reaching a 14 week low and the Aussie gaining on speculation of commodity demand. Read More >> |
 Aussie Drops On Weak Housing Data 09 March 2011 Currency Exchange Oz The Australian dollar finished lower at close of local trade on Wednesday after a muted performance by the stock market and weaker than expected housing data. Read More >> |
 Aussie Down on Rising Oil Price Fears07 March 2011 Currency Exchange Oz At 1700 AEDT the Australian dollar traded at 101.27 US cents, down from Friday’s close of 101.41 US cents. Throughout Monday’s trade the local dollar remained within the range of 101.24 and 101.58 US cents. Read More >> |
 Aussie Down As Traders ‘Unimpressed’ By GDP Data 02 March 2011 Currency Exchange Oz The Aussie finished down two thirds of a US cent on Wednesday, despite the release of positive GDP data. Read More >> |
 Aussie Up Despite Middle East Tensions Affecting Share Market28 February 2011 Currency Exchange Oz The Aussie finished up at close of local trade on Monday despite the share market remaining flat amid ongoing political unease in the Middle East. Read More >> |
 Aussie Struggles To Regain Losses Amid Political Tensions23 February 2011 Currency Exchange Oz The Australian dollar continued to struggle on Wednesday after political tensions in Libya caused the dollar to drop overnight in Tuesday’s trade. Read More >> |
 Aussie Down On Subdued Start to Trading Week21 February 2011 Currency Exchange Oz Despite holdings its ground in early trading, the Aussie closed flat on Monday as a poor performance from the materials sector caused a slump in the local share market. Read More >> |
 Aussie Below Parity As US Dollar Strengthens16 February 2011 Currency Exchange Oz The Australian dollar was down in trading on Wednesday as base metals and equities finished lower overnight and the US dollar strengthened. Read More >> |
 Dollar Closes Up On Strong Housing Data 14 February 2011 Currency Exchange Oz The Australian dollar closed higher on Monday after investor interest was enhanced by strong local housing data. Read More >> |
 Aussie Slightly Weaker But Remains in Tight Range09 February 2011 Which Way To Pay After a subdued morning session, the Australian dollar was slightly weaker at noon on Wednesday as the result of a strong overnight performance on the US share market. Read More >> |
 Aussie Drops On Weak Retail Sales07 February 2011 Currency Exchange Oz Following last week’s strong performance, the Aussie fell in Asian trade on Monday amid weaker than expected local retail sales data. Read More >> |
 Aussie Continues Trade Above Parity 02 February 2011 Currency Exchange Oz The Australian dollar remained above parity on Wednesday boosted by strong economic data from the US and Britain and renewed risk appetites in world markets. Read More >> |
 Aussie Recovers Despite Investor Caution31 January 2011 Currency Exchange Oz The Australian dollar closed slightly higher on Monday despite investors acting cautiously in response to political unrest in Egypt. Read More >> |
 Dollar Drops On Low Inflation Data 26 January 2011 Currency Exchange OZ Lower than expected inflation data released on Tuesday caused the Aussie to fall a third of a US dollar. Read More >> |
 Dollar Braced For Key Inflation Data 24 January 2011 Currency Exchange OZ Following a steady start to trade on Monday, the Aussie fell 0.2 percent of a US cent after the release of weaker than expected producer price index (PPI) data during the morning. Read More >> |
 Australian Dollar Rallies Above Parity 19 January 2011 Currency Exchange OZ The Australian dollar rallied above parity against its US counterpart on Wednesday, as the greenback weakened in the market and traders opted for the higher yielding Aussie. Read More >> |
 Markets Down Amid Chinese Economy Concerns17 January 2011 Currency Exchange OZ The Australian share market and local dollar were dragged down by mining stocks on Monday following concerns of a cooling Chinese economy. Read More >> |
 Aussie Under Pressure As Flooding Impacts Economy12 January 2011 Currency Exchange OZ The Australian dollar continued to come under pressure on Wednesday as a result of the growing economic impact from the Queensland floods. Read More >> |
 Rise In Retail Sales Lifts Currency And Share Markets10 January 2011 Currency Exchange OZ A slight rise in retail figures released on Monday had a positive effect on the local dollar and the Australian share market. Read More >> |
 Dollar On The Up After Positive Data06 January 2011 Currency Exchange OZ Hovering just below parity, the Aussie dollar lost just under a third of a US cent. The flux was catalysed by strong American economic data. Read More >> |
 Commodities slump hits the Australian Dollar05 January 2011 Currency Exchange A fall in commodity prices has led to an overnight drop in the value of the Australian Dollar. The value of the Aussie dollar was in line with falls in gold and oil prices. Read More >> |
 Flooding Takes The Australian Dollar Down A Peg04 January 2011 Currency Exchange Flooding in Queensland has caused the Australian dollar to drop. Queensland is one of the most resources rich areas in Australia and the floods may affect Australia’s economic output. Read More >> |
 Small Gains For Stock And Currency Markets 22 December 2010 Currency Exchange OZ The stock market closed slightly higher and the dollar was up on the previous day’s low at close of trade on Wednesday. Read More >> |
 Share Market Down After Poor Banking Performance. 20 December 2010 The Australian share market closed weaker on Monday after gains in the energy sector were offset by falling bank stocks. Read More >> |
 Aussie Loses Parity Against The US Dollar15 December 2010 Currency Exchange OZ After almost reaching parity with the US dollar overnight, the Aussie finished marginally weaker on Wednesday. Read More >> |
 Big Banks Up, Regionals Down On Banking Reforms13 December 2010 Currency Exchange OZ Australia’s four biggest banks soared whilst regional banks fell in the market on Monday after the release of Federal Treasurer Wayne Swan’s banking reforms over the weekend. Read More >> |
 Stocks Fall As Treasurer Makes Pledge On Competition Policy 08 December 2010 Currency Exchange OZ Shares ended lower at close of trade on Tuesday after the Treasurer announced plans to release banking competition measures early next week. Read More >> |
 Flat Close To Markets As Riversdale Gains Record Highs06 December 2010 Currency Exchange UK The Australian stock market closed flat on Monday as falls by banks were offset by record highs from mining giant Riversdale. Read More >> |
 Economy growth lower than expected01 December 2010 Currency Exchange OZ Australia’s economy grew by just 0.2 percent in the September quarter, the Australian Bureau of Statistics announced yesterday. Read More >> |
 Australian share market reverses slow start 29 November 2010 Currency Exchange OZ Markets experienced a sluggish start on Monday as a result of limited trade from Wall Street at the end of the last week owing to the US Thanksgiving holiday. EU debt concerns had also contributed to subdued trade. Read More >> |
 Global Concerns Continue To Impact On Aussie Dollar 25 November 2010 Currency Exchange OZ The Australian dollar closed over half a US cent lower on Thursday as political unrest in Korea added to EU debt related market cautiousness. Read More >> |
 Lift in Australian markets as Ireland accepts EU ‘bail out’22 November 2010 Currency Exchange OZ The Australian dollar was higher and the stock market up on Monday as news over Ireland’s agreed EU ‘bail out’ prompted renewed confidence in equities. Read More >> |
 Stocks low and dollar down as EU crisis continues to impact17 November 2010 Currency Exchange OZ The continued impact of the Irish debt crisis was evident at close of trade on Wednesday with the stock market down one percent Read More >> |
 Dollar down and flat start to the trading week15 November 2010 Currency Exchange OZ It was a lacklustre start to the week with the stock market closing flat and the Australian dollar at the lowest rate against the US dollar for two weeks Read More >> |
 Dollar Loses a US Cent12 November 2010 Currency Exchange OZ Amidst speculation over the consequences of increased interest rates in China, the Australian dollar ended the week losing over one US cent and falling in Asian trade. Read More >> |
 China’s Trade Growth Stir’s Currency Debate10 November 2010 Currency Exchange OZ As top leaders get ready to meet in Seoul at a global summit, the focus is most definitely on China’s ever-growing trade surplus which has grown to $US27.15 billion in October. Read More >> |
 Aussie Dollar Closes Higher02 November 2010 Currency Exchange OZ On Tuesday, the Aussie dollar closed within the finishing line of reaching parity with the US dollar as it hit the 99.85 mark, leaping up almost a whole US cent. Read More >> |
 RBA Suffers Losses From Exchange Rate Fluctuations29 October 2010 Currency Exchange OZ The Reserve Bank of Australia has suffered its biggest losses to date due to fluctuating exchange rates and a fall in net income. Read More >> |
 Wayne Swan Pushes For Bank Reform27 October 2010 Currency Exchange OZ On the back of news about the Australian economy, Wayne Swan (Treasurer) has decided to give the go-ahead for banks to have greater controls placed over them. He is working alongside Joe Hockey, the shadow treasurer in a bid to put the plan in action. Read More >> |
 Australian Stocks End Higher22 October 2010 Currency Exchange OZ The benchmark SP/ASX200 index finished up 25.3 points which amounts to 0.55 per cent at 4,648.2 points. The broader All Ordinaries index was 23.2 points or 0.49 per cent higher at 4,719.6 points. Read More >> |
 Australian Stock Market Ends Lower20 October 2010 Currency Exchange OZ After a weak lead from Wall Street, the Australian stock market ended lower on Wednesday, down by 0.66 per cent in equities on the benchmark SP/ASX200 index. Read More >> |
 CBA To Lead Charge In Lifting Interest Rates14 October 2010 Currency Exchange OZ In a move that many top economists have been anticipating, the Commonwealth Bank have decided to lead the pack and be the first to lift interest rates, however, the bank did not disclose when exactly this move would be taking place. Read More >> |
 Consumer Sentiment Is On The Rise13 October 2010 Currency Exchange OZ The Westpac-Melbourne Institute Index of Consumer Sentiment rose 3.3 per cent in October, a new survey shows. Read More >> |
 Primary Caregivers In Australian Companies Get More Support06 October 2010 Currency Exchange OZ ANZ has announced that it will support its staff by paying primary caregivers a childcare allowance. The move has been made in order to repair the gap in male and female employees in the company at a senior level. Read More >> |
 RBA Leave Rates Unchanged On Tuesday05 October 2010 Currency Exchange OZ In a surprise move which was contrary to general opinion, the Reserve Bank of Australia left the cash rate on ice on Tuesday. This meant that the Australian dollar saw losses of over one US cent. Read More >> |
 The Dollar Weakens But Bonds Are Firmer30 September 2010 Currency Exchange OZ After weak data in the residential building approvals sector affected expectations of an October interest rate hike, the Australian Dollar made a slight decline. The information from the Australian Bureau of Statistics showed that residential building approvals fell by 4.7 per cent in August. Read More >> |
 Australian Stocks End Higher On Monday27 September 2010 Currency Exchange OZ After a positive lead from the United States markets, Stocks in the financial and materials sectors led the Australian share market higher on Monday. Read More >> |
 Australian Stocks Lower At Noon23 September 2010 Currency Exchange OZ At noon on Thursday, the Australian share market was marginally weaker as it followed on from a negative lead from US markets overnight. Read More >> |
 Consumer Debt At All Time High22 September 2010 Currency Exchange OZ Debt agency data reveals that consumer debt rose to record levels in the June quarter as defaults increased on commercial lease. Read More >> |
 Two Fold Economy Set To Emerge From Mining Boom14 September 2010 Currency Exchange Australia According to a survey released by the Commonwealth Bank, structural shifts in financial markets will reinforce the move to a two-speed economy. Read More >> |
 Australian Dollar Inches Higher on Chinese Data10 September 2010 Currency Exchange Australia The Australian dollar inched higher Friday on news that China’s trade surplus has narrowed sharply. Read More >> |
 Aussie Surges on Strong GDP Growth01 September 2010 Currency Exchange Australia The Australian dollar surged on Wednesday, on the back of better-than-expected GDP growth for the second quarter. Read More >> |
 US dollar Yen and Swiss Franc Fall 26 August 2010 Currency Exchange Australia The yen, the US dollar and the Swiss franc all fell Thursday as European and Asian stocks rose. Read More >> |
 Global Slowdown Concerns Lead to Aussie Loss20 August 2010 Currency Exchange Australia The Australian dollar could see its second weekly loss on continued speculation that the global economy is slowing down. Read More >> |
 Australian Dollar Gains for Second Day17 August 2010 Currency Exchange Australia The Australian dollar (also known as the Aussie) rose for the second day versus its US counterpart on Tuesday, after Asian stocks advanced. Read More >> |
 Welcome to Currency Exchange Australia27 July 2010 Currency Exchange Australia We are an independent price comparison and reviews website who tries to help you to save time while you are looking for currency services. Read More >> |
