Daily Forex Commentary

23 May 2013 - Fed''s mixed messages send greenback higher

By David Barbeler
Australian Dollar: A measure of Australian consumer confidence fell sharply in May figures yesterday revealed. Despite interest rates being cut to their lowest ever level e... read more

22 May 2013 - Central banks remain in focus

By David Barbeler
Australian Dollar: After initially drifting lower yesterday the Australian dollar rebounded in afternoon trade following the release of minutes from the Reserve Bank’... read more

21 May 2013 - Greenback rally takes a break for some profit taking

By David Barbeler
Australian Dollar: During Asian trade yesterday the Aussie managed to stabilise off recent lows and move back up towards 0.98 against its US counterpart. After solid gains ... read more

20 May 2013 - Greenback rally continues as consumer confidence beats expectations

By David Barbeler
Australian Dollar: The story for most of last week was the Aussies continued weakness against a strengthening Greenback as our move below parity was extended pushing us clo... read more

17 May 2013 - AUD circulates around fresh 11-month lows

By Michael Judge
Australian Dollar: The Australian dollar has been hit by another fresh wave of selling over the past 24 hours as investors continue to flock towards the Greenback. Providin... read more

16 May 2013 - Dollar stabilises following weak US data

By Michael Judge
Australian Dollar: In what has been a tumultuous two week period for the Australian dollar a surge in the US dollar has allowed the higher yielding asset to drop by close t... read more

15 May 2013 - Greenback rises on economic optimism

By Michael Judge
Australian Dollar: Despite enjoying a brief stint back above parity yesterday the Australian dollar has fallen for a seventh consecutive day overnight, close to the longest... read more

14 May 2013 - AUD remains under pressure

By Michael Judge
Australian Dollar: The Australian dollar has consolidated its recent losses in the early parts of this week having spent much of the past 24 hours below parity when valued ... read more

13 May 2013 - Australian dollar slumps below parity

By Michael Judge
Australian Dollar: Ending a nine-month stint in which the Australian dollar traded above parity against its US Counterpart, the higher yielding asset tumbled to a low of 0.... read more

10 May 2013 - Greenback rally sees USD/JPY at four year high above 100

By David Barbeler
Australian Dollar:It has been a roller coaster ride for the Aussie over the past 24 hours, which saw it initially move higher on the back of strong local employment data b... read more

09 May 2013 - New shots fired in the currency wars

By David Barbeler
Australian Dollar: After again looking vulnerable around 1.0160 yesterday the Aussie gained early on the back of better than expected Chinese trade balance data which showe... read more

08 May 2013 - RBA cuts by 0.25% - Aussie lower

By David Barbeler
Australian Dollar:Whichever way the RBA went yesterday it was always going to catch approximately half the market off guard, with most analysts and economists split. In th... read more

07 May 2013 - All eyes on the RBA

By David Barbeler
Australian Dollar: After opening yesterday looking strong above 1.03, the Aussie took a fall after the local retail sales number disappointed, initially sending us back to ... read more

06 May 2013 - Better than expected US employment data lifts risk appetite

By David Barbeler
Australian Dollar: The Aussie experienced a bit of a roller coaster ride last week, trading up around 1.0380 early in the week before disappointing Chinese and US manufactu... read more

03 May 2013 - ECB Cuts interest rates, Aussie hangs on

By Michael Judge
Australian Dollar: The Australian dollar dropped to its lowest level in over a week against the Greenback yesterday following the release of building approval figures which... read more

02 May 2013 - Global manufacturing data sends commodity currencies lower

By David Barbeler
Australian Dollar: We find the Aussie significantly lower this morning following some poor economic data and a sharp fall in commodities overnight. Yesterday, during Asian ... read more

01 May 2013 - Australian dollar reaches two week high

By Michael Judge
Australian Dollar: With China remaining on an extended holiday yesterday moves across foreign exchange markets were limited. Whilst global equities continued their advance ... read more

30 April 2013 - Riskier assets higher as investors chase returns

By Michael Judge
Australian Dollar: Given public holidays in both Japan and China yesterday, liquidity was down across the board with generally thin conditions greeting the market to start ... read more

29 April 2013 - Markets slip on weak US GDP

By Michael Judge
Australian Dollar:Having look set to end the week on a positive note the Australian dollar managed to keep its head above the 1.03 mark for much of Friday’s session ... read more

26 April 2013 - UK growth figures spark a Sterling rally

By Michael Judge
Australian Dollar: The Australian dollar appreciated against its US Counterpart during the Asian session yesterday comfortably surpassing resistance levels up above the 1.0... read more

Currency Converter

Rate: 0.9696
=
Rate: 1.0314
=
Indicative Rates OnlyThe rates we display on the Currency Converter are neither "buy" or "sell" rates. They show mid-market rates without allowing for spreads or handling fees, and should be used for indicative purposes only. Check our Customer Rates to see the rates we offer to customers. Please read terms of use Go
See My FX Dashboard for more info

Open an account

International money transfers at better rates than the banks.

Register today
Already registered? Login

Subscribe to commentary

Stay on top of the news with updates from our expert dealers on the latest currency movements. You can unsubscribe any time and your email address is safe – see our >Privacy Policy.


Keep me up to date:

Set rate alerts

/
 
Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

Sitemap

IMPORTANT: This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. OzForex makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites. Please read our Product Disclosure Statement and our Financial Services Guide.
DISCLAIMER: OzForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.
OzForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.
Regulated in Australia by ASIC (AFS Licence number 226 484) © 2011 OzForex Pty Ltd ABN 65 092-375-703. Read our Money Laundering Statement.