Australian Dollar (AUD)

AUDCAD or AUD/CAD is shorthand for the pair composed of the Australian Dollar and the Canadian Dollar. Sometimes it's known as the Aussie-Loony, from the nickname given to the respective currencies. The value corresponds to how many…
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Ensconced in an air-conditioned office, watching the markets with plenty of coffee on hand, might lead traders to feel oblivious to the sun or rain beyond the windows. But forex depends on the economy, and the weather can influence the…
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Summary: Monthly employment change beats estimates to rise 32,800 in October Unemployment rate steady at a six-year low of 5.0% Participation rate increases to 65.6% Wage growth yet to rise Speculation on Q4 2019 RBA rate…
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For Thursday, November 15 the Australian Bureau of Statistics is scheduled to release employment data for the country at 19:30 EST (or Friday at 01:30 CET). This data can sometimes move the markets, or shift the overall trend if it comes in…
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AUDUSD or AUD/USD is the notation for the currency pair consisting of the Australian Dollar and the United States Dollar, or as it's known colloquially, the "Aussie" (despite the AUD trading with other currencies, chiefly the JPY). The…
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Every country is different, which is reflected in their economy; and Australia is no exception. The Australian Dollar will react differently to world events, which is essential to understand when trading. Here are some things you might want…
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Summary Australia unemployment rate in August was steady at 5.3% Australia adds 44,000 net jobs during the month Most of the gains came from full-time positions which increased 33,700 Jobs data for July was revised lower…
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The Australian central bank released its meeting minutes last week. As widely expected, the minutes did not reveal any new information for the market participants. The Reserve Bank of Australia reiterated that it had no plans to adjust…
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Consumer prices in Australia were seen rising at a subdued pace in the last three months - ending June 2018. The data underpinned the fact that Australia's Central Bank could continue extending its rate pause for a third year. The annual…
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