Australian Dollar Snaps Advance Against Yen Amid European Debt Concerns
The Australian dollar snapped an advance against the yen from yesterday on concern Europe’s leaders won’t be able to deliver... » Read more
The Australian Bureau of Statistics released the Employment report for September 2011 at 11.30am AEDT today.
The unemployment rate dipped to 5.2% from 5.3%.
Net employment increased by 20,400 in September,... » Read more
Aussie Drops on Europe Concern; Kiwi Falls After Deficit Widens
The Australian dollar declined against the U.S. currency after Slovakia’s ruling coalition failed to end a dispute over participation in... » Read more
At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were:
- Current monetary policy prudent
- Financial volatility has... » Read more
The Australian Bureau of Statistics released August Trade Balance and Building Approvals data at 11.30am AEDT today.
The Trade Surplus increased to A$3.1 billion, well ahead of the A$1.9 billion... » Read more
Aussie, Kiwi Advance as Rally in Asian Shares Supports Demand for Yields
Australia’s dollar advanced against its U.S. counterpart by the most in nearly three weeks as stocks rallied around... » Read more