Australian Dollar (AUD)

The Australian Dollar posted strong gains in early Asian trading led by a stronger than expected jobs report. The monthly unemployment rate fell to 5.9% from 6.2% previously while the monthly job gains increased 58.6k beating a very…
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The Reserve Bank of Australia, in its monthly monetary policy meeting today decided to leave interest rates unchanged 2.0% for the 5th consecutive month. The RBA's monetary policy statement stuck to the basics noting that the Australian…
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The slump in the commodity prices since last week has started to push the commodity risk currencies lower. The most affected were the Australian and the Kiwi Dollars both of which have lost -0.57% and -0.47% on the daily basis while on a…
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The Australian Dollar has been under pressure since the past couple of weeks especially due to the concerns of a large scale slowdown from China. While the initial Yuan devaluation caused the Aussie to plummet, the currency managed to…
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The Reserve Bank of Australia released its monthly meeting minutes for the monetary policy held earlier in July. The markets did not react much to the minutes which were seen as being largely positive. Two weeks after the RBA left…
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The monthly jobs report for Australia saw the unemployment rate rise more than expected to 6.3%, above estimates of 6.1%. The previous month's unemployment rate was also revised higher to 6.1% from the previously estimated 6.0%. On the…
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The Reserve Bank of Australia released its monetary policy statement earlier today and decided to leave interest rates unchanged at 2%. The RBA noted that it expects the US Federal Reserve to hike rates this year while noting that on the…
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Australia's unemployment rate stood at 6% in June, while May's unemployment rate was revised to 5.9% from previous estimates of 6%. The Australian jobs report for the month of June was overall positive as employment grew by 7300 jobs.…
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The RBA released its meeting minutes for the monetary policy review conducted on June 2nd this month. The meeting minutes did not steer too much from the usual narrative of talking about the housing markets and the real estate bubble,…
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The Reserve Bank of Australia met earlier today for its monthly monetary policy review. As widely expected, the RBA left rates unchanged noting that since the bank cut rates just last month, more economic data needed to be reviewed before…
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