Australian Dollar & Currency News

  • $A weaker on $US strength AAP - 1 hour 59 minutes ago

    The Australian dollar is weaker after hitting successive one-month lows against a stronger US dollar. The Australian dollar was worth 77.61 US cents at 1700 AEST on Wednesday, down from 77.96 US cents on Tuesday. Commonwealth Bank chief currency strategist Richard Grace said the local unit remained under pressure despite the US dollar dipping late in the Asian trading session.

  • Gold Drops Below 1200 Anew, SPX 500 Threatens 2-Month Uptrend DailyFX - 6 hours ago

    Gold Drops Below 1200 Anew, SPX 500 Threatens 2-Month Uptrend

  • US Dollar Technical Analysis: Recovery Regains Momentum DailyFX - 6 hours ago

    US Dollar Technical Analysis: Recovery Regains Momentum

  • USD/CHF Technical Analysis: Franc Sinks to Monthly Low DailyFX - 7 hours ago

    USD/CHF Technical Analysis: Franc Sinks to Monthly Low

  • $A weaker at noon on $US rally AAP - 7 hours ago

    The Australian dollar hit successive one-month lows against the surging US dollar in Wednesday morning trade. It dipped as low as 77.26 US cents just before noon after a slow, tentative rally topped out ...

  • US rate hikes good for Aussie dollar: RBA AAP - 7 hours ago

    The Reserve Bank has welcomed indications the US Federal Reserve will hike interest rates later this year, saying such a move will probably weaken the Australian dollar. RBA deputy governor Philip Lowe says comments last week from US Federal Reserve chair Janet Yellen that the Fed's funds rate would rise later in 2015 was good news for the future direction of the local currency. "At some point when they (US Fed) raise interest rates the US dollar will probably strengthen further against the Australian dollar," Mr Lowe told the Thomson Reuters Australian Regulatory Summit on Wednesday.

  • USD/CAD Technical Analysis: New Six-Week High Set DailyFX - 11 hours ago

    USD/CAD Technical Analysis: New Six-Week High Set

  • AUD/USD Technical Analysis: Support Now Below 0.77 DailyFX - 11 hours ago

    AUD/USD Technical Analysis: Support Now Below 0.77

  • EUR/JPY Technical Analysis: Euro Snaps 6-Day Loss Streak DailyFX - 12 hours ago

    EUR/JPY Technical Analysis: Euro Snaps 6-Day Loss Streak

  • $A falls as greenback moves higher AAP - 13 hours ago

    The Australian dollar is lower after the greenback strengthened in overnight trade. At 0630 AEST on Wednesday, the local unit was trading at 77.37 US cents, down from 77.96 cents on Tuesday. The US dollar ...

  • USDCAD Scalps Face 1.25 Key Resistance Ahead of BoC, GDP DailyFX - 14 hours ago

    USDCAD Scalps Face 1.25 Key Resistance Ahead of BoC, GDP

  • CAE misses 4Q profit forecasts Associated Press - 14 hours ago

    MONTREAL (AP) -- CAE Inc. (CAE) on Tuesday reported fiscal fourth-quarter profit of $51.7 million (63.3 million CAD) The Montreal-based company said it had profit of 19 cents (0.24 CAD) per share. The ...

  • Oil market dips on strong dollar AFP - 23 hours ago
    Oil market dips on strong dollar

    World oil prices fell on Tuesday as traders mostly took their cue from the rebounding US dollar and output remained strong, dealers said. US benchmark West Texas Intermediate (WTI) for delivery in July fell $1.69 cents from Friday's close to $58.03 a barrel. In London trade, Brent North Sea crude for July lost $1.80 to $63.72 per barrel.

  • $A slides as greenback strengthens AAP - Tue, May 26, 2015 6:36 PM AEST

    The Australian dollar has fallen below 78 US cents against a strengthening US dollar. The greenback continues to rally on speculation the US Federal Reserve will raise its interest rate sooner rather than later. "The Australian dollar fell against the greenback, but experienced mixed results against other major currencies," Morningstar analysts said.

  • China's yuan currency 'no longer undervalued': IMF AFP - Tue, May 26, 2015 4:52 PM AEST
    China's yuan currency 'no longer undervalued': IMF

    China's yuan currency, which Washington has long alleged was manipulated, is "no longer undervalued", the International Monetary Fund said Tuesday. The value of the yuan, also known as the renminbi, has been a source of tension for years, with China's major trade partners -- led by the United States -- accusing Beijing of keeping it artificially low to give Chinese exporters an unfair competitive advantage, which Beijing denied. "Our assessment now is that the substantial real effective appreciation over the past year has brought the exchange rate to a level that is no longer undervalued," the IMF said in a statement after a consultation mission to China.

  • Gold, Crude Oil Waiting for Breakout from Tight Congestion Ranges DailyFX - Tue, May 26, 2015 3:32 PM AEST

    Gold, Crude Oil Waiting for Breakout from Tight Congestion Ranges

  • Euro Drops on Greece Fears, Aussie Dollar Rises With Chinese Stocks DailyFX - Tue, May 26, 2015 2:59 PM AEST

    Euro Drops on Greece Fears, Aussie Dollar Rises With Chinese Stocks

  • EUR/USD Technical Analysis: Sellers Overcome 1.10 Figure DailyFX - Tue, May 26, 2015 1:33 PM AEST

    EUR/USD Technical Analysis: Sellers Overcome 1.10 Figure

  • US Dollar Technical Analysis: Probing at Monthly Highs DailyFX - Tue, May 26, 2015 1:33 PM AEST

    US Dollar Technical Analysis: Probing at Monthly Highs

  • USD/CAD Technical Analysis: Foothold Secured Above 1.23 DailyFX - Tue, May 26, 2015 10:58 AM AEST

    USD/CAD Technical Analysis: Foothold Secured Above 1.23

  • Australian Dollar Down Trend Ready to Resume? DailyFX - Tue, May 26, 2015 10:52 AM AEST

    Australian Dollar Down Trend Ready to Resume?

  • NZD/USD Technical Analysis: Downward Momentum Ebbing? DailyFX - Tue, May 26, 2015 10:37 AM AEST

    NZD/USD Technical Analysis: Downward Momentum Ebbing?

  • AUD/USD Technical Analysis: Digesting at Three-Week Low DailyFX - Tue, May 26, 2015 10:37 AM AEST

    AUD/USD Technical Analysis: Digesting at Three-Week Low

  • $A falls as greenback strengthens AAP - Tue, May 26, 2015 6:32 AM AEST

    The Australian dollar is slightly lower against a strengthening US dollar, and is following European markets lower. At 0630 AEST on Tuesday, the local unit was trading at 78.25 US cents, down from 78.31 ...

  • Aust $ down US rate hike outlook AAP - Mon, May 25, 2015 5:24 PM AEST

    Strong US inflation figures and increased chances of an American interest rate hike have driven the Australian dollar lower. US consumer prices rose for a third straight month in April. This combined with US Federal Reserve chair Janet Yellen's statement to expect an interest rate hike this year drove the US dollar up and the Aussie dollar down, ANZ senior FX strategist Dan Been said.

  • US Dollar Technical Analysis: Prices Soar to 3-Week High DailyFX - Mon, May 25, 2015 1:21 PM AEST

    US Dollar Technical Analysis: Prices Soar to 3-Week High

  • EUR/USD Technical Analysis: Eyeing Support Below 1.10 DailyFX - Mon, May 25, 2015 1:21 PM AEST

    EUR/USD Technical Analysis: Eyeing Support Below 1.10

  • $A drops to three week low on US data AAP - Mon, May 25, 2015 12:32 PM AEST

    The Australian dollar fell to a three week low after strong US inflation figures sparked renewed speculation about a US interest rate rise. The Australian dollar was worth 78.14 US cents at 1200 AEST on ...

  • USD/CAD Technical Analysis: Eyeing Resistance Above 1.23 DailyFX - Mon, May 25, 2015 11:45 AM AEST

    USD/CAD Technical Analysis: Eyeing Resistance Above 1.23

  • Asia stocks extend gains, Tokyo lifted by weak yen AFP - Mon, May 25, 2015 11:17 AM AEST
    Asia stocks extend gains, Tokyo lifted by weak yen

    Asian markets advanced on Monday, with Tokyo boosted by a weaker yen after the US Federal Reserve chief stuck to her plan to raise interest rates by year-end. Tokyo closed 0.74 percent higher, adding 149.36 points to reach a 15-year high of 20,413.77, while Sydney jumped 1.00 percent, or 56.8 points, to 5,721.5. Fed chief Janet Yellen said on Friday she expects to raise rates from historic lows "at some point this year", warning that a delay could risk overheating the economy.

  • Lower $A lifts market AAP - Mon, May 25, 2015 10:46 AM AEST

    The share market is higher thanks to a fall in the Australian dollar. The Australian dollar is trading around one US cent lower compared to Friday due to increased expectations of a US interest rate hike in the coming months. IG market strategist Stan Shamu said that had provided a boost to Australian companies with overseas earnings and exporters.

  • $A falls after strong US data AAP - Mon, May 25, 2015 7:39 AM AEST

    The Australian dollar is lower following the release of strong US inflation figures and falls in commodity prices. At 0700 AEST on Monday, the local unit was trading at 78.23 US cents, down from 79.12 ...

  • EUR/USD Rally Checked by ECB Commentary, Better US Data DailyFX - Mon, May 25, 2015 6:40 AM AEST

    EUR/USD Rally Checked by ECB Commentary, Better US Data

  • $A lower after strong US inflation data AAP - Mon, May 25, 2015 6:39 AM AEST

    The Australian dollar is lower after the US dollar gained on the back of strong inflations figures. At 0630 AEST on Monday, the local unit was trading at 78.26 US cents, down from 79.12 cents on Friday. ...

  • US Dollar Recovery Fighting Liquidity, Growth Headwinds DailyFX - Sat, May 23, 2015 12:00 PM AEST

    US Dollar Recovery Fighting Liquidity, Growth Headwinds