Australian Dollar (AUD)

The markets continued another week in a risk aversion mode with the equities continuing to push lower. WTI Crude oil prices were trending lower during the week with prices briefly trading near 13-year lows during the week. The Yen and the…
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Image via International Monetary Fund/Flickr The markets continue to remain in a risk aversion mode with the Japanese Yen gaining 3.70% for the week followed by 3.23% gains in the Swiss Franc. The safe haven currencies continue to…
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The Reserve Bank of Australia, at its monetary policy meeting, held interest rates steady at 2.0%. In the monetary policy statement, RBA Governor Glenn Stevens noted that global economy continued to grow but at a slow pace than expected and…
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Equity markets spiked on Friday morning and posted a turnaround in what would have otherwise seen another week of slump and risk off sentiment. The markets rallied as the Bank of Japan introduced negative interest rates. Despite a weak…
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The commodity risk currencies managed to emerge on the top last week in a mid-week rally. The markets turned around after ECB President Mario Draghi hinted at more stimulus expansion at the meeting in March. The Canadian dollar closed the…
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The Yen closed another week with gains, rising 0.21% for the week and on a month to date basis, the Yen is up 2.77%. The gains in the Yen are primarily driven by safe haven bets with lingering concerns from China's economy and the stock…
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The final jobs report for the month of December 2015 will be released by the Australian Bureau of Statistics early tomorrow at 00:30 hours GMT. Expectations are dovish heading into the release, with analysts expecting to see net job growth…
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In a classic risk aversion week, the Japanese Yen emerged on the top with strong gains of 3.33% across the board. The week started off with the Chinese Stock market plunge which sent the global markets into a tailspin on concerns of a…
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The holiday thin trading saw the markets move sideways than establishing any trends. The Australian Dollar closed the week with gains of 0.24% for the week and emerged as the top commodity risk currency despite lack of any major…
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The markets had a holiday shortened week last week but the week was marked with key important data from the US, UK and Japan. Closing out the week, the NZD was the top performing currency, which gained 1.72% against the US Dollar followed…
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