AUD, NZD Gain as Risk Appetite Slowly Returns to Markets
January 25, 2010 1:57 pm by Natalie R.The Australian and New Zealand Dollars are seeing a modest recovery today against the USD and JPY as demand for riskier currencies rebounded slightly on speculation Federal Reserve Chairman Ben S. Bernanke will be confirmed for a second term. The ...
AUD, NZD Decline on China Concerns
January 20, 2010 3:25 pm by Natalie R.The Australian and New Zealand Dollars continued their decline today on concern China will maintain its efforts to curb loan growth, reducing demand for higher yielding assets. Australia’s currency dropped to 91.37 U.S. cents from 92.32 cents in New York ...
AUD and NZD Drop on Negative Recovery Comments
January 15, 2010 1:47 pm by Natalie R.The Australian and New Zealand Dollars declined overnight as several negative comments were made regarding the prospects of the global economic recovery. The AUD fell from near the strongest level in two months to 92.44 U.S cents from 93.18 cents ...
Australian Employment Rises 4th Consecutive Month
January 14, 2010 12:32 pm by Natalie R.The Australian Dollar reached a high of 93.27 U.S in today’s early trading, its strongest level in two months after the release of the Employment Data which showed employers added jobs for a fourth consecutive month. Australian employers added 35,200 ...
Aussie Up ahead of Employment Data
January 13, 2010 4:15 pm by Natalie R.The Australian Dollar recovered from yesterday’s losses, gaining against all of its 16 major counterparts and rising toward an 8-week high against the USD ahead of the unemployment data due to be released tomorrow at 0:30 GMT. The report is ...
AUD Gains After Release of Disappointing US Employment Data
January 8, 2010 6:40 pm by Natalie R.The AUD strengthened to 92.31 U.S cents versus the Dollar following the release of the U.S Employment Data. The report showed that The U.S. unexpectedly lost 85,000 jobs in December. This negative result dampened investors’ expectations of near-term interest increases ...
AUD and NZD Lower ahead of U.S Employment Data
January 8, 2010 4:09 pm by Natalie R.The AUD is ending the first week of 2010 slightly down versus the USD and JPY on speculation this week’s 2% gains versus the two currencies were too rapid. The AUD, along with the NZD, was headed for weekly gains ...
AUD rises against all 16 Major Currencies
January 7, 2010 5:09 pm by Natalie R.The Australian Dollar reached a high of 92.33 U.S. cents in today’s early trading after the release of the Retail Sales report which showed Australian retail sales rose in November by the most in eight months. The better than expected ...
AUD and NZD 2009 REview and Outlook for 2010
December 31, 2009 3:01 am by Natalie R.The Australian and New Zealand Dollars were among the top performers versus the U.S Dollar this year with the AUD advancing 27% against the greenback and the NZD 25%. This rise was due to the large difference in interest rates ...
