Australian Dollar & Currency News

  • New Zealand Dollar Forecast Firmly in Favor of Depreciation DailyFX - 7 hours ago

    New Zealand Dollar Forecast Firmly in Favor of Depreciation

  • Dollar Regains Control as Retail FX Traders Switch Direction DailyFX - 7 hours ago

    Dollar Regains Control as Retail FX Traders Switch Direction

  • US Dollar Clings to Key Support versus Japanese Yen DailyFX - 8 hours ago

    US Dollar Clings to Key Support versus Japanese Yen

  • NZD/USD Approaches Wedge Objective (.6607) DailyFX - 8 hours ago

    NZD/USD Approaches Wedge Objective (.6607)

  • AUD/USD Flirts with Breakdown DailyFX - 8 hours ago

    AUD/USD Flirts with Breakdown

  • Do the Hours I Trade Matter? Yes - Quite a Bit. DailyFX - 10 hours ago

    Do the Hours I Trade Matter? Yes - Quite a Bit.

  • US economic data drags $A lower AAP - 18 hours ago

    The Australian dollar is lower after the release of weak local trade figures and positive US economic data. The Australian dollar lost ground after data showed the US manufacturing sector strengthened in June, and 237,000 jobs were added to the US private sector in June. The Australian dollar also had a brief dip after the release of local trade data that showed a larger than expected deficit in May, at $2.75 billion.

  • US economic data drags down $A AAP - 19 hours ago

    The Australian dollar is lower after the release of positive US economic data and weak local trade figures. At 1700 AEST on Thursday, the currency was trading at 76.34 US cents, down from 77.16 cents on ...

  • US Dollar May Rise on Jobs Data, NZ Dollar Drops on Dairy Slump DailyFX - 20 hours ago

    US Dollar May Rise on Jobs Data, NZ Dollar Drops on Dairy Slump

  • AUD/USD Technical Analysis: Support Sub-0.76 Back in Focus DailyFX - 23 hours ago

    AUD/USD Technical Analysis: Support Sub-0.76 Back in Focus

  • NZD/USD Technical Analysis: Channel Floor Under Pressure DailyFX - 23 hours ago

    NZD/USD Technical Analysis: Channel Floor Under Pressure

  • USD/CAD Technical Analysis: Prices Rise to 3-Month High DailyFX - 23 hours ago

    USD/CAD Technical Analysis: Prices Rise to 3-Month High

  • $A falls due to trade deficit AAP - Thu, Jul 2, 2015 12:36 PM AEST

    The Australian dollar has dipped after the release of disappointing trade figures. The local currency was worth 76.39 US cents at 1200 AEST on Thursday, down from 77.16 cents on Wednesday. Australia's ...

  • US Dollar Technical Analysis: Weekly High Back in Play DailyFX - Thu, Jul 2, 2015 10:25 AM AEST

    US Dollar Technical Analysis: Weekly High Back in Play

  • $A lower after greenback gains AAP - Thu, Jul 2, 2015 6:50 AM AEST

    The Australian dollar is lower after a rise in the greenback following news that Greece had requested a new bailout package. At 0630 AEST on Thursday, the local unit was trading at 76.49 US cents, down ...

  • The euro is only headed down: Goldman CNBC - Thu, Jul 2, 2015 1:52 AM AEST
    The euro is only headed down: Goldman

    Amid Greece's Sisyphean drama, the euro has been like a brick -- you can throw it, just not very far. But that's only temporary, Goldman Sachs says, sticking with its call for near-parity with the dollar....

  • Greece's Tsipras says referendum result not connected to whether Greece will remain in euro. Associated Press - Thu, Jul 2, 2015 12:38 AM AEST

    Greece's Tsipras says referendum result not connected to whether Greece will remain in euro.

  • AUDUSD Morning Breakout DailyFX - Wed, Jul 1, 2015 11:35 PM AEST

    AUDUSD Morning Breakout

  • Price & Time: USDOLLAR Clear As Mud DailyFX - Wed, Jul 1, 2015 10:30 PM AEST

    Price & Time: USDOLLAR Clear As Mud

  • The Latest: France's Sapin hoping for Greek deal before vote Associated Press - Wed, Jul 1, 2015 6:51 PM AEST
    The Latest: France's Sapin hoping for Greek deal before vote

    The latest news on Greece's financial woes , a day after the country's bailout with European creditors expired and the country failed to pay a debt due to the International Monetary Fund (all times local): ...

  • The Latest: S&P warns of Grexit risks to eurozone economy Associated Press - Wed, Jul 1, 2015 6:44 PM AEST
    The Latest: S&P warns of Grexit risks to eurozone economy

    The latest news on Greece's financial woes , a day after the country's bailout with European creditors expired and the country failed to pay a debt due to the International Monetary Fund (all times local): ...

  • $A rebounds despite Greek debt crisis AAP - Wed, Jul 1, 2015 5:36 PM AEST

    The Australian dollar has gained ground despite a deepening debt crisis in Greece. Greece became the first developed country to default on the International Monetary Fund, after missing a 1.5 billion euros ($A2.17 billion) payment on Tuesday. The country will hold a referendum on Sunday on the reforms demanded by its creditors, and German Chancellor Angela Merkel said she would not discuss any new Greek debt relief request until after the vote.

  • Gold Stalls at Chart Support as SPX 500 Digests After Dramatic Drop DailyFX - Wed, Jul 1, 2015 4:49 PM AEST

    Gold Stalls at Chart Support as SPX 500 Digests After Dramatic Drop

  • 'Grexit' or not, Greece will find kicking euro habit hard AFP - Wed, Jul 1, 2015 4:48 PM AEST
    'Grexit' or not, Greece will find kicking euro habit hard

    While a 'no' vote would not definitely mean the end of Greece's membership, if it does leave the resulting financial crash would likely lead Athens to continue to use the single currency, or dollar, as tender -- following the example of other nations with battered economies. Ludovic Subran, chief economist at credit insurance company Euler Hermes, said that while Athens could reintroduce the drachma, which it abandoned in 2002, he saw little chance it would abandon the euro entirely. In times of upheaval, smaller, relatively poor countries have in the past adopted a strong global currency minted and managed by a foreign central bank to reduce instability.

  • European stock markets rally as Greece makes new proposal AFP - Wed, Jul 1, 2015 2:29 PM AEST
    European stock markets rally as Greece makes new proposal

    European stock markets rallied on Wednesday, with Greece proposing a reworked deal to its creditors as it continued to seek a bailout that would keep it in the eurozone. Madrid won 1.66 percent and Milan gained 2.54 percent, while the Athens stock markets remained shut. Outside the eurozone, London's benchmark FTSE 100 index rose 1.49 percent compared with Tuesday's close to 6,118.05 points.

  • AUD/USD Technical Analysis: Drifting Toward Range Top DailyFX - Wed, Jul 1, 2015 2:20 PM AEST

    AUD/USD Technical Analysis: Drifting Toward Range Top

  • NZD/USD Technical Analysis: Kiwi Slumps to 5-Year Low DailyFX - Wed, Jul 1, 2015 2:20 PM AEST

    NZD/USD Technical Analysis: Kiwi Slumps to 5-Year Low

  • US Dollar Technical Analysis: Prices Stall After Upswing DailyFX - Wed, Jul 1, 2015 12:43 PM AEST

    US Dollar Technical Analysis: Prices Stall After Upswing

  • $A higher ahead of Greek referendum AAP - Wed, Jul 1, 2015 12:33 PM AEST

    The Australian dollar is higher as currency traders look ahead to this weekend's referendum in Greece on whether the debt-stricken country accepts the terms of an international bailout deal. The local ...

  • Asia markets mostly higher, Shanghai plunges again AFP - Wed, Jul 1, 2015 11:12 AM AEST
    Asia markets mostly higher, Shanghai plunges again

    Asian markets mostly rose Wednesday as investors shrugged off Greece's default, with Tokyo lifted by an upbeat survey on business confidence, but Shanghai's volatile run continued, plunging more than five percent. The euro edged down against the dollar after Athens failed to service its debt to the International Monetary Fund, and analysts warned of continued uncertainty, even after Greeks vote in a weekend referendum, which is effectively a poll on eurozone membership. Tokyo rose 0.46 percent, or 93.59 points, to end at 20,329.32, Sydney climbed 1.04 percent, or 56.70 points, to 5,515.70 and Seoul added 1.14 percent, or 23.69 points, to end at 2,097.89.

  • $A up as Greece seeks new plan AAP - Wed, Jul 1, 2015 7:29 AM AEST

    The Australian dollar is higher against the greenback which rose overnight as Greece scrambled to avoid a debt default and possible exit from the eurozone. At 0700 AEST on Wednesday, the local unit was ...

  • Greece seeks new EU loans after IMF debt default AFP - Wed, Jul 1, 2015 7:08 AM AEST
    Greece seeks new EU loans after IMF debt default

    The European Union will decide Wednesday whether to grant Greece a last-minute bailout package to avoid pushing it further towards an exit from the eurozone. Greece on Tuesday failed to make a 1.5 billion euro ($1.7 billion) payment to the International Monetary Fund, becoming the first industrialised country to do so. Greece has requested a further 29.1 billion euros from the European Stability Mechanism (ESM), to "fully cover its financing needs and the simultaneous restructuring of debt," for the next two years, according to the office of Prime Minister Alexis Tsipras.

  • NZD/USD at a Familiar Downtrend Line DailyFX - Wed, Jul 1, 2015 5:42 AM AEST

    NZD/USD at a Familiar Downtrend Line

  • EUR/USD Slammed and Jammed to Complete Range Month DailyFX - Wed, Jul 1, 2015 5:42 AM AEST

    EUR/USD Slammed and Jammed to Complete Range Month

  • COT-Yen Speculators Manic Selling Turns to Manic Buying DailyFX - Wed, Jul 1, 2015 4:32 AM AEST

    COT-Yen Speculators Manic Selling Turns to Manic Buying