Insights

Aussie Trade Balance swells in August, Building Approvals post biggest monthly gain since May 2010

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

Sydney Morning Herald 3/10/2011 – Thomas Averill

Dollar dives to 10-month low The Australian dollar has sunk to a fresh multi-month low as deepening concerns that the euro-zone's debt crisis will dampen global growth undermines... » Read more

Bloomberg 28/9/2011 – Thomas Averill

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

FOMC Announcement causes broad based USD buying

Unsurprisingly the FOMC left interest rates on hold at <0.25% this morning and confirmed our suspicion that the monetary policy toolbox has been pretty much exhausted. It is now... » Read more

FXStreet.com 22/9/2011 – Derek Mumford

Forex: EUR/JPY back above 104.00 on Greek optimism After printing fresh 10-year lows below 1.0370 on Wednesday, the European single currency is on the rebound against its Japanese ... » Read more

RBA still concerned about medium term inflation in September Minutes

The RBA released the minutes of the September 6th Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - RBA cited... » Read more

Bloomberg 16/9/2011-Thomas Averill

Dollar Gains on Speculation Consumer Confidence Climbed From Two-Year Low The dollar strengthened against most of its peers before a report today that may show consumer confidence rebounded from its... » Read more

RBNZ keeps rates on hold at 2.50%

The RBNZ have left interest rates on hold at 2.50% today, surprising some in the market who had been expecting a reversal of the post earthquake emergency cut. However,... » Read more

San Francisco Chronicle 15/9/2011 – Thomas Averill

Euro Set for Weekly Gain as ECB Plan Eases Banks' Funding Woes The euro was set for its first weekly gain against the yen in three weeks on prospects... » Read more

Bloomberg 8/9/2011 – Thomas Averill

Dollar Gains Before Obama’s Jobs Speech; Euro Slumps on ECB Rate Outlook The dollar strengthened versus the euro and yen before President Barack Obama unveils proposals to spur job growth... » Read more

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