Australian dollar news

The Australian Dollar’s 2017 role in life seems to be to hover around its highs, at least against the US version. There seems little chance of a change this week.

The US dollar rallied a bit during the day on Thursday, breaking above the 112 level.

AUD/USD snaps the monthly opening range, with the pair at risk of trading to fresh September lows as the RBA tames speculation for an imminent rate-hike.

The US dollar initially fell against the Japanese yen, but after somewhat hawkish comments coming out of the Federal Reserve, we broke above the 112 level.

Forecast-beating growth in UK retail sales have failed to prevent the Pound sliding against the Australian Dollar. Yesterday, the Pound opened trading in the area of 1.6954 but closed down against the Australian Dollar at 1.6875. Pound Slides over Mixed Messages for UK Interest Rate Hike The Pound to Australian... [...]

Get the AUD/USD Forex signal for September 20, 2017 here.

The US dollar had a volatile session on Tuesday against the Japanese yen, testing the 112 level. The Australian dollar had a bullish session, breaking above the 0.80 level during the day.

Get the AUD/USD Forex signal for September 19, 2017 here.

The US dollar continues to rally against the Japanese yen, as we gapped higher at the open on Monday, and then rode towards the 111.50 level.

The pound to Australian dollar exchange rate has fallen back from last week's best conversion levels as sterling was sold-off across the markets. Amid a lack of demand for risk-correlated currencies, GBP/AUD easily surged last week as investors digested an unexpectedly hawkish tone from the Bank of England (BoE). The ‘Aussie’ has... [...]

Get the AUD/USD Forex signal for September 18, 2017 here.

The US dollar rallied against the Japanese yen during the trading session on Friday, as we have seen a significant amount of volatility during the Asian session.

The anti-risk Japanese Yen slumped while the sentiment-linked Australian and New Zealand Dollars powered higher as the markets’ mood brightened to start the trading week.

This week will have a high-impact news agenda, with monthly policy commentaries and bid rates from the FOMC and the Bank of Japan, as well as the Minutes of the recent determinations of the Reserve Bank of Australia.