AUD May See a Much Needed Recovery Today
November 25, 2010 1:32 pm by Natalie R.Following a bearish streak versus the CAD over the past few days, the AUD seems to be in the middle of a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on AUD/CAD now.
Bullish Correction Expected for the AUD
October 29, 2010 9:41 am by Natalie R.Following a sharp decline over the past few days, the AUD seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on AUD/NZD now, and at a great entry ...
Which Way the Aussie?
July 5, 2010 6:42 pm by Natalie R.The Australian Dollar has been enjoying exceptional growth beginning from the early global recovery days, boosted by strong fundamentals which were supported by strong exports to China and as well as six interest rate hikes since October 2009.
AUD Declines as Dollar Strengthens and Commodities Drop
March 24, 2010 5:17 pm by Natalie R.The Australian and New Zealand Dollars have been suffering this week along with other higher yielding currencies from the negative economic sentiment and the strong Dollar. Continued concerns over the Greek debt crisis, as well as today’s downgrade of Portugal, ...
Australian Economy Grows at a Faster than Expected Rate in the 4th Quarter
March 4, 2010 12:38 am by Natalie R.Australia’s economy grew at a faster than expected rate last quarter, climbing 0.9% from the 3rd quarter. The better than expected result help solidify the notion that the Australian economic recovery is sustainable, underscoring the central bank’s decision yesterday to ...
Australian Economy Continues to Recover, Expectation of Interest Rates Hike Mount
February 26, 2010 4:45 pm by Natalie R.The Australian Dollar rebounded slightly in today’s early trading after better than expected results for Private Sector Credit were published. This is a measure of the change in the total value of new credit issued to consumers and businesses. The ...
Greece Woes Continue to Weigh on AUD
February 25, 2010 2:37 pm by Natalie R.Australian business investment advanced 5.5% from the previous quarter, beating investors’ expectations of a 1.5% increase. The growth is another sign the economy continues to strengthen, intensifying investors’ expectations that the central bank will raise interest rates next week for ...
AUD Rises on Better than Expected Japanese GDP Data
February 15, 2010 3:30 pm by Natalie R.The Australian Dollar rose against 12 of the 16 most-traded currencies after better than expected Japanese GDP data was released overnight. Gross domestic product in Japan, Australia’s second-largest trading partner, rose at an annual 4.6% pace in the fourth quarter, ...
AUD Rises on Decline in Unemployment
February 11, 2010 10:06 pm by Natalie R.The Australian Dollar gained versus all 16 of its most traded currency counterparts today after the release of the employment data which showed the number of people employed increased by 52,700 last month, the biggest advance since December 2006. The ...
Australian Producer Price Index Unexpectedly Falls
January 25, 2010 2:36 pm by Natalie R.The Australian Producer Price Index (PPI) declined unexpectedly, dropping 0.4% from the previous quarter, as opposed to a 0.1% rise expected by economists. The AUD’s recent gains are to blame for the decline as they eroded the costs of imported ...
