Bloomberg 19/8/2011 – Thomas Averill

Australian Dollar Gains for First Time in Three Weeks; N.Z. Currency Drops Australia’s dollar advanced for the first week this month against its U.S. counterpart, after touching the lowest level... » Read more

Bloomberg 17/8/2011 – Derek Mumford

Euro Falls Second Day Versus Yen as Joint-Bond Plan Rejected; Franc Gains The euro weakened for a second day against the yen after the leaders of Germany and France rejected... » Read more

RBA August meeting minutes

The RBA released the minutes of the August 2nd Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - Considered tightening... » Read more

Bloomberg 11/8/2011 – Thomas Averill

Aussie, New Zealand Dollars Climb as Equities Rally, Commodities Advance The Australian and New Zealand dollars advanced against the greenback as equities climbed and commodites rallied, spurring demand for higher-yielding... » Read more

Aussie unemployment rate back above 5% in July

The Australian Bureau of Statistics released the Employment report for July 2011 at 11.30am AEST today. The unemployment rate jumped to 5.1% from 4.9%. Net employment declined by 100 in June,... » Read more

The Age 9/8/2011 – Derek Mumford

Dollar rebounds after diving below parity After falling below parity for the first time in since March, the Australian dollar recovered over two US cents in afternoon trade to... » Read more

The Australian 5/8/2011 – Thomas Averill

Japanese intervention sends Australian dollar lower THE dollar tumbled to a two-week low against the US dollar last night after the Bank of Japan intervened to drag the... » Read more

Kiwi unemployment rate dips slightly

Statistics New Zealand released the NZ Q2 Employment report at 8.45am AEST today. The net employment change for the 2nd quarter was flat as expected. The Unemployment Rate dipped to 6.5%... » Read more

Aussie Retail Sales decline in June

The Australian Bureau of Statistics released June 2011 Retail Sales and Trade Balance data at 11.30am AEST today. Retail Sales declined by 0.1% in June, well below the 0.3% rise... » Read more

RBA keeps rates on hold at 4.75% in August

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: - Global growth slowing - Prudent to contain current... » Read more