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AUDUSD and EURUSD Price A ...

AUDUSD and EURUSD Price Action Update, 24th May 2013

posted by Nial-Fuller 10 hours ago read more >>
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dollar exits safe haven ...

The Australian dollar has suffered more than most during the US dollar's recent advance, amid market focus on an eventual tap

posted by Tantan 11 hours ago read more >>
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dollar leaves safe haven ...

The Australian dollar has suffered more than most during the US dollar's recent advance, amid market focus on an eventual tap

posted by alexandria 12 hours ago read more >>
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Elliott Wave Forecast: AU ...

Although aussie has retreated after meeting resistance at 0.9778, if our view that a temporary low is possibly formed at 0.95

posted by GAINSY 20 hours ago read more >>
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AUD/USD: Australian Dolla ...

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 0.9683.

LME Copper prices decl

posted by GAINSY 1 day 8 minutes ago read more >>
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Spot gold climbs US$4 to ...

A bonus for Australian gold producers is that the Australian dollar has also eased today to AUD / USD 0.966495, and therefore

posted by grimadventures 1 day 6 hours ago read more >>
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AUD/USD Back Under 0.97 B ...

The Australian dollar fell before U.S. data forecast to show orders for durable goods rose in April, adding to signs of a sus

posted by whatadous 1 day 9 hours ago read more >>
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Big Money: If this is a c ...

When it does come to recent events pushing the $AUD lower, the positive signals coming out of America's economy have played a

posted by RogerTerr 1 day 5 hours ago read more >>
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Australia shares seen fir ...

Copper slid over 3 percent on Thursday after the weak Chinese data, which added to fears that recovery in the top metals cons

posted by William 1 day 8 hours ago read more >>
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Asian equity markets cop ...

*UK Q1 GDP was confirmed at 0.6%y/y. *The flash manufacturing PMI for the Euro Area rose 1.1 points to 47.8 in May (47.0 expe

posted by WiredDeal 1 day 11 hours ago read more >>
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Aussie Suffers as RBA Lowers Inflation Outlook

posted by Avatar commodityblog 15 days ago in USD, AUD, Fundamental made popular 14 days ago

The Australian dollar dropped today, touching the lowest level since June versus its US counterpart, as the Reserve Bank of Australia lowered its inflation outlook, reigniting talks about possible interest rate cut.  read more
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AUD/USD: RBA Trimmed Its Inflation Forecast For 2013

posted by Avatar GAINSY 15 days ago in USD, AUD, Fundamental made popular 14 days ago

For the 24 hours to 23:00 GMT, AUD weakened 1.12% against the USD to close at 1.0076.

LME Copper prices declined 0.2% or $15.0/MT to $7311.0/MT. Aluminium prices declined 1.2% or $22.0/MT to $1864.5/MT.  read more
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British Pound Sterling Live: GBP forecast to remain strong through 2013 as ...

posted by Avatar yaymenow 15 days ago in GBP, AUD made popular 14 days ago

The pound to Australian dollar exchange rate is 0.31 pct higher at 1.5359. Yesterday saw a strong rebound in the Australian dollar; today's correction is expected. Please Note: The above quotes are taken from the wholesale markets - your bank will ...  read more
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Elliott Wave Forecast: AUD/USD – Target met and sell again a

posted by Avatar GAINSY 15 days ago in USD, AUD, Technical made popular 14 days ago

Aussie met renewed selling interest at 1.0253 yesterday (we recommended to sell at 1.0250) and has tumbled from there in line with our bearish expectations, our indicated target at 1.0060 was met in late trade yesterday (with 190 points profit) a  read more
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Aust stocks touch fresh 58-month high

posted by Avatar grimadventures 15 days ago in AUD made popular 15 days ago

"Stocks with high exposure to the US generally benefit when the US dollar is gaining against the AUD." In Australia, the market closed the previous session flat, held back by weakness among the major banks and expectations of a pause on interest rate ...  read more
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AUD/USD Holding Declines after RBA Cuts Inflation Forecast

posted by Avatar edward 15 days ago in AUD, Economic Indicators made popular 15 days ago

AUD/USD suffered strong declines yesterday due to a sudden bout of strength from USD, which was exacerbated by USD/JPY breaking the 100.0 sonic barrier pushing USD even higher and AUD/USD lower. Prices found some support around 1.005 when ...  read more
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Stocks up 0.7pc as Australian dollar sinks

posted by Avatar wizardfx 15 days ago in AUD made popular 15 days ago

The Reserve Bank of Australia said Friday it's unusual for the Australian dollar to remain high given a recent decline in export prices. In its quarterly statement on monetary policy, the RBA lowered its inflation forecast for the end of 2013 to 2.25 ...  read more
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RBA cuts inflation outlook as dollar, mining-boom peak weigh on growth

posted by Avatar Evan 15 days ago in AUD made popular 15 days ago

The approaching peak in resource investment, the high level of the Australian dollar and ongoing fiscal consolidation are all likely to weigh on growth over the next year or so. "The approaching peak in resource investment, the high level of the ...  read more
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AUD/USD modestly lower on parity talk

posted by Avatar brilo 15 days ago in AUD made popular 15 days ago

A separate report showed that Australia's unemployment rate ticked down to 5.5% last month, from 5.6% in March. Analysts had expected the unemployment rate to remain unchanged in April. Earlier this week, the Reserve Bank of Australia lowered interest ...  read more
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High dollar, low inflation influenced RBA rate cut

posted by Avatar Kenneth 15 days ago in AUD made popular 15 days ago

Repeating a similar line from Glenn Stevens's brief statement about the rates decision on Tuesday, the Reserve again emphasised that the Australian dollar had remained stubbornly high over the past 18 months, while inflation remained surprisingly low.  read more
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Growth will be sluggish, RBA warns

posted by Avatar durkie 15 days ago in AUD made popular 15 days ago

Interest rates were cut to a record low 2.75 per cent Tuesday by the RBA, which linked the move to benign inflation over recent quarters and the higher Australian dollar, which is eroding the country's export competitiveness, fuelling a rise in ...  read more
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Dollar mostly higher after USD/JPY tops 100

posted by Avatar RogerTerr 15 days ago in USD, AUD made popular 15 days ago

A separate report said the Netherlands could actually be the first nation to leave the euro because consumer debt there has touched 250% of available income, double the level seen in Spain. USD/JPY ... As it is, AUD/USD is hovering near 11-month lows.  read more