AUD to JPY

Aussie dollar drifts lower ahead of Trade Balance figures

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 […]

RBA holds its horses as the Australian dollar advances

In short The Australian dollar is up against the Euro, Yen and NZ dollar The RBA leaves interest rates on hold Australian trade balance data including imports and exports due out later in the week Time Open Low High Today 0.6890 In the last week 0.6850 0.6929 In the last month 0.6714 0.6929 The Australian dollar moved higher against the Euro, Yen and NZ dollar overnight, adding around 1%. Meanwhile, the AUD/USD rate traded either site of 69 cents despite some gains yesterday. Yesterday, the Reserve Bank of Australia met just before the Melbourne Cup. With little chance of an […]

AUD finds support as the RBA keeps rates on hold

In short The Australian dollar fell overnight but recovered after the RBA left rates on hold The central banks view on the Australian economy also remained largely unchanged Australian trade balance data including imports and exports due out later in the week Time Open Low High Today 0.6908 In the last week 0.6844 0.6929 In the last month 0.6714 0.6929 The Australian dollar gained against most major currencies after the RBA left interest rates on hold at 0.75% After nearly 3 years of no change, the central bank has cut rates 3 times this year in June, July and October. […]

Aussie Dollar dips on weak retail sales figures but recovers above 69 cents

In short The Australian dollar fell after soft retail sales figures but remained above 69 cents It recovered against the British pound (GBP), Japanese Yen (JPY) and Euro (EUR) but stayed down against the NZ dollar (NZD) RBA unlikely to cut rates on Melbourne Cup on Tuesday Time Open Low High Today 0.6915 In the last week 0.6813 0.6929 In the last month 0.6714 0.6929 The Australian dollar was under fire early in the week as soft retail sales data sent it south. Figures showed almost no growth in retail sales of 0.2% which was lower than the 0.4% from […]

Australian Dollar to Yen hits 75 for the first time in months

In short The Australian dollar hits a 3 month high against the Japanese Yen The AUD/JPY has not been above 75 since late July Japanese central bank leaves rates on hold but signals rates could fall further Time Open Low High Today 74.43 In the last week 73.98 75.28 In the last month 71.75 75.28 Yesterday, the Australian dollar continued to get stronger against most currencies including the Japanese Yen. It traded above 75 for the first time since late July before falling. The big news out of Japan was the central bank of Japan keeping interest rates on hold. […]

Australian dollar stronger overnight against the US dollar, Euro and Kiwi dollar but fails to fire against the Pound and Yen

In short The Australian is mixed against the major currencies lacking real direction The head of the RBA speaks today Interest rates are likely to be cut in the US on Wednesday Currency Open Low High Now AUD to USD 0.6822 0.6814 0.6868 0.6865 AUD to EUR 0.6156 0.6133 0.6183 0.6178 AUD to GBP 0.5318 0.5291 0.5345 0.5334 AUD to NZD 1.0743 1.0666 1.0804 1.0794 AUD to JPY 74.12 73.98 74.80 74.69 The Australian dollar had a mixed night, moving higher against the US dollar, Euro and NZ dollar but ended up flat against the British Pound and Japanese Yen. […]