Currencies Australian Dollar

  • RBA rate cut may come within the next few months: COO

    Nick Twidale of Rakuten Securities Australia says a potential rate cut by the Reserve Bank of Australia is putting pressure on the country's currency, which could break the $0.70 barrier "fairly soon."

  • Dominic Schnider of UBS Wealth Management discusses currencies including the Australian dollar and the U.S. dollar. He says the story for the U.S. dollar will start to weaken as growth slows into 2020.

  • Sean Callow of Westpac Bank discusses China's economic data and its potential impact on the Australian dollar. He also says it is difficult to be too bullish on the Aussie dollar when rate cuts are on the horizon.

  • TOKYO, April 17- The Australian dollar shot to a two-month peak on Wednesday after data showed steady Chinese economic growth in the first quarter, helping Australia's currency shake off earlier losses. The Aussie was 0.2 percent higher at $0.7190 after touching $0.7206, its strongest since Feb. 21. The currency is sensitive to the economic fortunes of China,...

  • NEW YORK, April 16- The euro fell against the dollar on Tuesday after reports that some European Central Bank policymakers think the banks economic projections are too optimistic. The Australian dollar was little changed on the day after earlier weakening after the Reserve Bank of Australia said that a cut in interest rates would be "appropriate" should...

  • NEW YORK, April 16- The euro fell against the dollar on Tuesday after reports that a "significant minority" of European Central Bank policymakers think the banks economic projections are too optimistic, while the Australian dollar weakened on dovish central bank comments. The Australian dollar dipped after the Reserve Bank of Australia said that a cut in...

  • The Australian dollar is likely to go up in 2019: StanChart

    Steven Englander of Standard Chartered Bank says the Australian dollar is likely to benefit if the U.S. dollar cycle reaches an end.

  • *Hopes of US/ China trade deal boosts risk appetite. NEW YORK, April 3- The euro gained against the greenback on Wednesday as hopes of a trade deal between the U.S. and China bolstered risk appetite globally, while the Australian dollar outperformed on strong local and Chinese economic data. Reports late yesterday that the U.S. and China are close to finalizing their...

  • COO:

    Nick Twidale of Rakuten Securities Australia discusses the impact of the Australian budget on the country's currency and dollar-yen movements as a result of trade news.

  • LONDON, April 1- The euro held above a three-week low on Monday as improved Chinese factory activity lifted sentiment, with the Australian dollar leading gains by nearly half a percent. Investors are scrutinizing economic data this week for signs of economic slowdown in Europe, while key votes on Brexit mean further volatility in sterling is likely.

  • TOKYO, April 1- A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provided a broader boost to investors' risk appetite, giving the dollar a lift against the safe-haven yen. Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, a sign...

  • TOKYO, April 1- A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provided a broader boost to global investor confidence, helping the dollar gain against the safe-haven yen. Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, a sign...

  • TOKYO, April 1- A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provided a broader boost to global investor confidence, helping the dollar gain against the safe-haven yen. Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, a sign...

  • LONDON, March 21- The Federal Reserve's dovish confirmation fired up a rally in the euro, yen and Australian dollar overnight and into Thursday, with the greenback near two-week lows as investors began to price in a U.S. interest rate cut for later this year. The euro rose to as high as $1.1437 and $1.1448 overnight, its strongest since early February.

  • TOKYO, March 20- The dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.- China trade negotiations supported safe-haven bids, although the Federal Reserve's policy meeting later due in the day limited the greenback's gains. The Australian dollar slipped a quarter of a percent to $0.7070 on a decline in 10- year bond yields...

  • LONDON, March 15- The dollar slipped against its rivals on Friday and was set for its biggest weekly drop in more than three months before a U.S. central bank meeting next week where policymakers will shed more light on the outlook for interest rates. Antipodean currencies led by the Australian dollar and its New Zealand counterpart were the biggest gainers...

  • *Aussie falls after Bloomberg report. LONDON, March 14- The Australian dollar fell on Thursday after reports that a meeting between China and the United States to end their trade war had been delayed. The meeting between President Donald Trump and President Xi Jinping wont occur this month and is more likely to happen in April at the earliest, Bloomberg reported.

  • The outlook for Australia's dollar is 'not that great': Investor

    Martin Crabb of Shaw and Partners discusses China's efforts to stimulate the economy through consumption instead of infrastructure.

  • *Euro hovers above $1.13 in advance of ECB meeting. NEW YORK, March 6- The Canadian and Australian dollar sank to two-month lows on Wednesday as traders scaled back holdings on expectations policy-makers would leave interest rates alone in the foreseeable future or even lower them to counter their softening economies. "The moves are about the dovishness of...

  • *Central bank meetings in Canada, Europe in focus. TOKYO, March 6- The dollar held gains against its peers on Wednesday, buoyed by better-than-expected data, while the Aussie took a knock after Australia's economic growth slowed last quarter. "Given that many forecasters were on 0.2 percent for fourth-quarter GDP, the price action on the Australian dollar is...