Australian Dollar & Currency News

  • Weekly Trading Forecast: Beware the Calm before the Storm DailyFX - 12 hours ago

    Weekly Trading Forecast: Beware the Calm before the Storm

  • Canada Enters Recession: USDCAD Primed for Volatility DailyFX - 13 hours ago

    Canada Enters Recession: USDCAD Primed for Volatility

  • Australian Dollar May Fall Further on Evolving Fed, RBA Policy Bets DailyFX - 13 hours ago

    Australian Dollar May Fall Further on Evolving Fed, RBA Policy Bets

  • Price & Time: USD/JPY - Successful Retest? DailyFX - 19 hours ago

    Price & Time: USD/JPY - Successful Retest?

  • Hockey says Aussie dollar not too weak AAP - Fri, Sep 4, 2015 5:41 PM AEST
    Hockey says Aussie dollar not too weak

    Treasurer Joe Hockey says the Australian dollar, now sitting below 70 US cents, isn't too low. Mr Hockey said he would leave judgment of fair value of the Australian dollar to the markets. Mr Hockey said Australia had a diversified economy, much more diversified than people appreciated.

  • $A falls to six year low on global worries AAP - Fri, Sep 4, 2015 5:32 PM AEST

    Ongoing global economic worries have pushed the Australian dollar to a fresh six year low. "It's the same reason as what we've seen recently," Commonwealth Bank chief currency strategist Richard Grace said. The European Central Bank on Thursday downgraded its economic forecasts and inflation forecasts, and hinted at more stimulus if needed.

  • $A sags after retail sales disappoint AAP - Fri, Sep 4, 2015 12:06 PM AEST

    The Australian dollar has slumped following Thursday's weak retail sales figures and ahead of the release of US jobs data. At 1200 AEST on Friday, the currency was trading at 70.01 US cents, down from ...

  • Asia stocks down as US jobs come into focus AFP - Fri, Sep 4, 2015 8:42 AM AEST
    Asia stocks down as US jobs come into focus

    Japanese stocks led a broad Asian stock slide Friday as the yen advanced ahead of a key US jobs report later in the day and after the European Central Bank indicated it could expand its stimulus. While expectations are for a hike before the end of the year -- with US growth picking up -- the recent turmoil in global markets caused by China's ongoing economic crisis has muddied the waters for the Fed's policy committee. "There?s nervousness in the market about growth in Asia and the implications of the Fed changing policy should payrolls be seen as clearing the way for a hike," Sean Callow, a strategist at Westpac Banking Corp. in Sydney, told Bloomberg News.

  • $A steadies after ECB forecast downgrade AAP - Fri, Sep 4, 2015 7:30 AM AEST

    The Australian dollar is virtually unchanged after the European Central Bank downgraded its economic forecasts. At 0700 AEST on Friday, the currency was trading at 70.17 US cents, down from 70.16 cents ...

  • Finance News Update, what you need to know AAP - Fri, Sep 4, 2015 7:28 AM AEST
    Finance News Update, what you need to know

    The Australian dollar has lost ground after the European Central Bank cut its forecasts for economic growth and inflation. FRANKFURT - The European Central Bank has cut its forecasts for both economic growth and inflation in the single currency area over the next few years. FRANKFURT - The European Central Bank has held its key interest rates steady amid investor concern over the economic fallout from the slowdown in China.

  • $A down after ECB cut growth forecasts AAP - Fri, Sep 4, 2015 6:44 AM AEST

    The Australian dollar has lost ground after the European Central Bank cut its forecasts for economic growth and inflation. At 0630 AEST on Friday, the currency was trading at 70.10 US cents, down from ...

  • NZD/USD .6477/97 Zone is Important DailyFX - Fri, Sep 4, 2015 5:21 AM AEST

    NZD/USD .6477/97 Zone is Important

  • AUD/USD April-May Range Expansion is at .6902 DailyFX - Fri, Sep 4, 2015 5:21 AM AEST

    AUD/USD April-May Range Expansion is at .6902

  • Stocks gain; Europe's central bank ready to boost stimulus Associated Press - Fri, Sep 4, 2015 3:35 AM AEST
    Stocks gain; Europe's central bank ready to boost stimulus

    U.S. and global stocks were modestly higher Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed. ...

  • European Central Bank ready to give eurozone more stimulus Associated Press - Fri, Sep 4, 2015 2:58 AM AEST
    European Central Bank ready to give eurozone more stimulus

    The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday. Market ...

  • Australian Dollar Likely to Decline until this Changes DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    Australian Dollar Likely to Decline until this Changes

  • New Zealand Dollar Forecast to Decline Further DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    New Zealand Dollar Forecast to Decline Further

  • US Dollar Likely to Hit Fresh Highs versus GBP, AUD, but Watch Euro, JPYs DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    US Dollar Likely to Hit Fresh Highs versus GBP, AUD, but Watch Euro, JPYs

  • British Pound Forecast to Hit Fresh Lows DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    British Pound Forecast to Hit Fresh Lows

  • US Dollar at Risk versus Yen, but Losses Far from Guaranteed DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    US Dollar at Risk versus Yen, but Losses Far from Guaranteed

  • Euro at Clear Risk for Further Declines DailyFX - Fri, Sep 4, 2015 1:20 AM AEST

    Euro at Clear Risk for Further Declines

  • Global stocks gain; Europe's central bank promises support Associated Press - Fri, Sep 4, 2015 12:23 AM AEST
    Global stocks gain; Europe's central bank promises support

    U.S. and global stocks rose Thursday as a holiday in China gave investors a break from the recent torrid swings in that country's markets. The European Central Bank said it was willing to provide more ...

  • Euro Tumbles on European Central Bank Commentary, Risks to Downside DailyFX - Thu, Sep 3, 2015 11:15 PM AEST

    Euro Tumbles on European Central Bank Commentary, Risks to Downside

  • China slowdown not a surprise: SocGen CEO CNBC - Thu, Sep 3, 2015 9:06 PM AEST
    China slowdown not a surprise: SocGen CEO

    China's recent slowdown is "not a surprise," Frederic Oudea, CEO of Societe Generale, told CNBC on Thursday.

  • EUR-, USD-pairs Anxiously Await ECB Today, US NFPs Tomorrow DailyFX - Thu, Sep 3, 2015 9:00 PM AEST

    EUR-, USD-pairs Anxiously Await ECB Today, US NFPs Tomorrow

  • September Forex Seasonality Sees Chance for Big Moves in USD-pairs DailyFX - Thu, Sep 3, 2015 8:00 PM AEST

    September Forex Seasonality Sees Chance for Big Moves in USD-pairs

  • $A dragged down by weak retail spending AAP - Thu, Sep 3, 2015 5:32 PM AEST

    The Australian dollar is lower following the release of disappointing retail trade numbers. FXCM currency strategist Ilya Spivak said the Aussie dollar faced heavy selling pressure after the downbeat data. At 1700 AEST, the Australian dollar was at 84.45 Japanese yen, up from Wednesday's close of 84.29 yen, and at 62.51 euro cents, up from 62.24 euro cents.

  • $A down as retail trade disappoints AAP - Thu, Sep 3, 2015 12:07 PM AEST

    The Australian dollar has lost ground after domestic retail trade figures missed expectations. At 1200 AEST on Thursday, the currency was trading at 70.15 US cents, down from 70.24 cents on Wednesday. ...

  • Wobbly euro economy may get bigger push AAP - Thu, Sep 3, 2015 9:01 AM AEST

    Could be soon, in Europe's shaky economy. Analysts are already talking about when and how the European Central Bank might extend its 1.1 trillion euros ($A1.77 trillion) stimulus program that has been running for the past six months in an attempt to boost the modest recovery in the 19 countries that use the euro. The stimulus program is slated to run until September 2016, in monthly purchases of 60 billion euros of government and corporate bonds.

  • $A bounces on US equities, China holiday AAP - Thu, Sep 3, 2015 7:27 AM AEST

    The Australian dollar has rebounded from a six-year low on the back of US share market strength and a Chinese national holiday. Westpac chief currency strategist in New York Richard Franulovich said the Aussie had been holding up reasonably well in the face of disappointing economic growth figures. Westpac strategist Imre Speizer said the Aussie fell as low as 69.84 US cents overnight, and is expected to break below 69.80 US cents during the next day or two if negative momentum continues.

  • $A rises slightly as global markets firm AAP - Thu, Sep 3, 2015 6:49 AM AEST

    The Australian dollar has edged higher after global markets stabilised overnight and China's stock market closed less than half a per cent lower ahead of a national holiday. At 0630 AEST on Thursday, the ...

  • Retail FX Remains Short EUR/USD Ahead of ECB- GBP/USD Eyes June Low DailyFX - Thu, Sep 3, 2015 2:55 AM AEST

    Retail FX Remains Short EUR/USD Ahead of ECB- GBP/USD Eyes June Low

  • Price & Time: USD/CAD Symmetry Awaits DailyFX - Thu, Sep 3, 2015 1:05 AM AEST

    Price & Time: USD/CAD Symmetry Awaits

  • USD/CAD Technical Analysis: New Long Trade Setup Sought DailyFX - Wed, Sep 2, 2015 7:10 PM AEST

    USD/CAD Technical Analysis: New Long Trade Setup Sought

  • Dollar, Euro and Yen May Rise as US Data Weighs on Market Mood DailyFX - Wed, Sep 2, 2015 5:42 PM AEST

    Dollar, Euro and Yen May Rise as US Data Weighs on Market Mood