AUD to JPY

In short AUD/USD finishes 2019 just above 70 cents A stronger US dollar sends it lower in early January Forecasts for the Australian dollar in 2020 predict a lower exchange rate Time Open Low High Today 0.6942 In the last week 0.6932 0.7046 In the last month 0.6802 0.7046 The Australian dollar had a strong end to 2019, hitting a 6 month high above 70 cents on the last day of the year. With holidays in most major markets, it has been a slow start to the calendar year. The AUD/USD exchange rate has fallen back below 70 cents as […]

In short The Aussie dollar continues to trade lower against the US dollar In a mixed 24 hours, the AUD has opened higher against the British Pound (GBP), flat against the NZ Dollar (NZD) and down against the Euro (EUR) Australian unemployment data out tomorrow Time Open Low High Today 0.6853 In the last week 0.6806 0.6934 In the last month 0.6759 0.6934 The Australian dollar has had a fairly uneventful week so far. After hitting a 5 month high above 69 cents on Friday, it has drifted more than 1% lower. The AUD/USD exchange rate which was driven higher […]

In short AUD/USD hits 0.6888 as interest rates stay on hold in the US The Australian Dollar also went up against the Euro, Japanese Yen, British Pound and New Zealand Dollar The election in the UK could affect the AUD to GBP exchange rate Time Open Low High Today 0.6876 In the last week 0.6802 0.6888 In the last month 0.6759 0.6888 Yesterday, the Aussie dollar fell to 0.6802 before rising more than 1% overnight. Consumer confidence figures confirmed the weakness in the economy. The figures showed a fairly pessimistic outlook of Australian consumers despite 3 interest rate cuts and […]

In short It’s been a quiet start to the week with little movement on currency exchange rates The head of the RBA speaks today which may move the Aussie dollar The US Federal Reserve sets interest rates this week with no change expected. Britain goes to the polls Time Open Low High Today 0.6826 In the last week 0.6815 0.6859 In the last month 0.6756 0.6863 Yesterday, the head of the Reserve Bank of Australia, Dr Philip Lowe gave a speech about payment systems. While the speech was interesting, it didn’t contain any indication on the outlook for interest rates […]

In short The US dollar and Japanese Yen weakened overnight, pushing the AUD/USD and AUD/JPY higher The AUD opens lower against the Pound Sterling and flat against the Euro and NZ dollar Retail sales data out today could have a limited impact on the exchange rate Time Open Low High Today 0.6849 In the last week 0.6756 0.6861 In the last month 0.6756 0.6926 The Australian dollar opens this morning with mixed performance against the major currencies. It is up against the US dollar and Japanese Yen, down against the British Pound and flat against the New Zealand dollar and […]

In short The Australian dollar falls below 69 cents against the US dollar Mixed results against other major currencies Australian and Chinese trade balance data including imports and exports due out later in the week Time Open Low High Today 0.6881 In the last week 0.6871 0.6929 In the last month 0.6714 0.6929 Overnight the AUD/USD drifted below 69 cents for the second time this week. It wasn’t all bad news for the local currency though. It remained broadly unchanged against the Euro, British Pound and New Zealand Dollar. With the RBA meeting done for another month, the markets attention […]