Daily Forex Commentary

19 June 2013 - Scaling back of stimulus threatens to drag the AUD lower

By Michael Judge
Australian Dollar: Testing intraday lows close to the 95 US Cents handle yesterday the Australian dollar was sold off after minutes from the Reserve Bank’s most recen... read more

18 June 2013 - Currency moves limited ahead of Fed Meeting

By Michael Judge
Australian Dollar: Forex markets have been eerily quiet over the past 24 hours with market participants remaining preoccupied with questions over when and by how much the U... read more

17 June 2013 - Doubts linger over Stimulus measures

By Michael Judge
Australian Dollar: Rebounding nicely from a mid-week low of 0.9350 the Australian dollar has once again found support up above the 95 US Cents mark. Trading to a high of 0.... read more

14 June 2013 - Better than expected US retail sales lifts risk appetite

By David Barbeler
Australian Dollar: We find the Aussie nearly 2 cents higher from yesterday’s low following another volatile session overnight. Yesterday the Aussie initially broke ab... read more

13 June 2013 - Aussie stronger but investors nervous ahead of jobs data

By David Barbeler
Australian Dollar: During our session yesterday after initially looking like the bounce from Wednesday night would lead to a break through 0.95, the Aussie ran into some re... read more

12 June 2013 - Inactive BOJ sends greenback lower

By David Barbeler
Australian Dollar:The Aussie again found itself under pressure yesterday, falling to near two year lows as local home loans data disappointed and sentiment fell on the bac... read more

11 June 2013 - Currencies recover mildly on improved risk appetite

By David Barbeler
Australian Dollar: After a sharp fall at the open yesterday morning following some disappointing Chinese data, the Aussie managed to find support just below 0.94 and moved ... read more

10 June 2013 - Chinese data disappoints sending us lower in public holiday trade

By David Barbeler
Australian Dollar: The Aussie dollar again came under pressure on Friday night after US employment data came in slightly better than expected. While the greenback initially... read more

07 June 2013 - All eye’s on tonight’s US Jobs report

By Michael Judge
Australian Dollar:There was no end in sight to the dollar’s misery yesterday which slumped to its lowest in more 20 months against its US Counterpart. Falling out of... read more

06 June 2013 - AUD slides to 20-month low

By Michael Judge
Australian Dollar: Triggering a broader move lower for the Australian dollar yesterday gross domestic product figures showed the nation’s economy grew at the slowest ... read more

05 June 2013 - RBA holds, easing bias maintained

By Michael Judge
Australian Dollar: After initially starting the day up above the 0.9750 mark against its US counterpart the Australian dollar has fallen for much of the past 24 hours with ... read more

04 June 2013 - Greenback weaker on disappointing manufacturing data

By David Barbeler
Australian Dollar: We find the Aussie significantly higher this morning after some poor US data pushed the greenback lower, lifting us over 0.97 for the first time in over ... read more

03 June 2013 - Investors keen to forget May

By Michael Judge
Australian Dollar: In what was its worst month in over a year the Australian dollar shed 7 cents against its US counterpart during May. Touching lows of 0.9547 on Friday in... read more

31 May 2013 - AUD gains on tepid US data

By Michael Judge
Australian Dollar: The AUD/USD exchange rate initially fell yesterday after a report showed capital new expenditure slumped by 4.7 percent in the March quarter of 2013, wel... read more

30 May 2013 - The Greenback losses its swagger

By Michael Judge
Australian Dollar: The Australian dollar moved to a 19-month low against its US counterpart in early morning trade yesterday as investors continued to shift their funds int... read more

29 May 2013 - AUD lower following stronger US Data

By Michael Judge
Australian Dollar: The Australian dollar has once again remained under pressure over the past 24 hours having briefly dropped to its lowest level since 2011. Falling to an ... read more

28 May 2013 - Markets flat as the dollar remains pressured

By Michael Judge
Australian Dollar: Opening below the 97 US Cents mark for the third consecutive day this morning the Australian dollar has continued to remain under pressure over the past ... read more

27 May 2013 - AUD weaker following a volatile week

By Michael Judge
Australian Dollar: Having lost all of seven percent this month against its US counterpart the Australian dollar continued its decline on Friday. Following days of selling, ... read more

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

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