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Australian dollar's third sharp move

Front running, good guess or something more sinister?

A day after the Reserve Bank said there was nothing improper about sharp moves in the Australian dollar just seconds before two of its interest rate decisions this year, the Aussie was moving again in the right direction just before the release of some much anticipated official data. 650 more words

Currencies

Aussie dollar holds on to inflation gains

The Australian dollar has managed to hold on to most of Wednesday’s gains following stronger-than-expected inflation data.

At 8:15am (AEST), the local currency was trading at US77.46c, down from US77.78c on Wednesday. 60 more words

AUD

Aussie dollar climbs back above US77c

The Australian dollar has clawed back some of Tuesday’s losses, making its way above US77c during a quiet overnight trading session.

At 8:20am (AEST), the local currency was trading at US77.16c, up from US76.95c on Tuesday. 68 more words

AUD

The 'Australia Tax' and the impact on foreign raiders

Australia has been a happy hunting ground for global retailers looking to expand over recent years. The combination of a comparatively strong economy, first world infrastructure and a high Australian dollar made for an attractive proposition for the likes of Zara, H&M, Uniqlo, Topshop and more. 305 more words

Strong jobs data boosts US dollar against Aussie

The Australian dollar is slightly lower after the US dollar rallied on the back of strong US jobs data.

At 8:30am AEST on Friday, the local unit was trading at 76.97 US cents, down from 76.99 cents on Thursday. 203 more words

AUD

Aussie dollar slips after short RBA boost

The Australian dollar is lower after briefly hitting a one-week high on the back of the Reserve Bank’s decision to keep the cash rate unchanged. 82 more words

AUD

Aussiie dollar holds flat despite US data concern

The Australian dollar is almost level with its previous close as gains from weak US economic data are offset by local interest rate cut expectations. 141 more words

AUD