AUD/USD spikes to a 25 month high of 0.9564 on FOMC announcement

As widely expected the Federal Reserve maintained its stance on monetary policy leaving both interest rates and its quantitative easing program unchanged. In the accompanying statement the committee stated... » Read more

RBA Minutes

The RBA released the minutes of the September 7 Board meeting at 11.30am. The pertinent points are: - Likely higher interest rates will be required at some point. - Signs of... » Read more

Bloomberg 19/11/2010 – Derek Mumford

Australian, New Zealand Dollars Decline Amid Concerns of China Tightening The Australian and New Zealand currencies fell against the yen and dollar, snapping two-day winning streaks, after China’s central bank... » Read more

Sydney Morning Herald 12/11/2010 – Derek Mumford

Dollar sinks below parity as risk aversion returns The Australian dollar ended the week below parity, losing more than one US cent, amid fears over the consequences of a... » Read more

AU Employment Report

The ABS released Australian employment data today at 11.30am. The data showed the Unemployment rate dropping to 5.1% and full time jobs created were 53,100. The numbers were much better... » Read more

Rochford Capital Alert – remaining 2 Independent MP’s back Labor

AUD/USD reaction: After Tony Windsor announced his decision the AUD dropped 20 pips to 0.9130, then stalled while the entire country was bored to death by Rob Oakeshott's speech... » Read more

RBA Rate Decision 7/9/10

At it's Monetary Policy meeting today, the RBA left rates on hold at 4.50%. The key points in the accompanying statment were: -  Current Setting Of Policy Appropriate For Time... » Read more

Bloomberg 29/10/2010 – Thomas Averill

Australia Dollar Falls for Second Week on RBA, Fed Outlook Oct. 29 (Bloomberg) -- Australia’s dollar dropped versus its U.S. counterpart for a second week as speculation the central... » Read more

Sydney Morning Herald 14/10/2010 – Thomas Averill

Australian dollar moves close to parity UPDATE: The Australian dollar has hit a fresh post-float high against the US dollar, rising to more than 99.8 US cents shortly after... » Read more

Mid July Market News

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