February 12, 2014 8:07 am
Australian dollar managed to recover from an earlier daily loss and rose to fresh one-month highs against its US counterpart on trading Wednesday, after a report revealed Chinese imports and exports came in at considerably higher levels than expected in January. AUD/USD reached a session high at 0.9068 at 6:05 GMT, also the pairs highest […]
Read moreFebruary 11, 2014 7:40 am
Australian dollar rose to highs unseen in almost one month against its US counterpart on trading Tuesday, after official data showed that house prices and business confidence in Australia increased, while the greenback was pressured before Federal Reserve Bank Chairman Janet Yellens statement. AUD/USD touched a session high at 0.9015 at 1:05 GMT, also the […]
Read moreFebruary 10, 2014 8:08 am
Australian dollar fell against its US counterpart on Monday ahead of the official report on employment change in Australia, scheduled for release on Thursday, while Toyota Motor Corp. said it intended to terminate its operations in the south-pacific country. AUD/USD touched a session low at 0.8920 at 7:36 GMT, after which consolidation followed at 0.8928, […]
Read moreFebruary 9, 2014 4:14 pm
ArcelorMittal (MT), the largest steelmaker on the globe, projects that its profit will probably increase by 16% during 2014 on recovering demand for steel in the United States and Europe. Companys earnings before interest, taxes, depreciation and amortization (EBITDA) is expected to increase to 8 billion USD during this year, while the indicator reached 6.9 […]
Read moreFebruary 8, 2014 5:51 pm
Australian dollar traded slightly higher against its US counterpart during late US session on Friday, after an official report showed employment in the United States increased at a lesser than expected pace in January, while unemployment rate diminished. Having touched daily highs at 0.8999 at 13:57 GMT, also the highest point since January 14th, AUD/USD […]
Read moreFebruary 7, 2014 8:12 am
Australian dollar fell against its US rival on trading Friday, as markets expect the Federal Reserve Bank to continue scaling back its monetary stimulus and ahead of the keenly anticipated non-farm payrolls report, which may show that job gain accelerated in January. AUD/USD slid to a session low at 0.8922 at 1:17 GMT, after which […]
Read moreFebruary 6, 2014 8:02 am
Australian dollar rose to highs unseen in three weeks against its US counterpart on trading Thursday, following a report to show Australia recorded an unexpected surplus on its trade balance in December. AUD/USD climbed to a daily high at 0.8980 at 0:58 GMT, also the pairs highest point since January 14th, after which consolidation followed […]
Read moreFebruary 5, 2014 8:01 am
Australian dollar lost ground against its US counterpart on trading Wednesday, after marking its most considerable daily advance since June yesterday, ahead of Reserve Bank of Australias quarterly policy statement, scheduled to be released on Friday. AUD/USD slipped to a session low at 0.8874 at 3:45 GMT, after which consolidation followed at 0.8892, falling 0.22% […]
Read moreFebruary 4, 2014 8:11 am
Australian dollar recorded a sharp advance to highs unseen in almost three weeks against its US counterpart on trading Tuesday, following Reserve Bank of Australias (RBA) decision to leave its benchmark interest rate unchanged at the policy meeting conducted today. AUD/USD climbed to a daily high at 0.8914 at 7:20 GMT, also the pairs highest […]
Read moreFebruary 3, 2014 7:59 am
Australian dollar preserved daily gains against its US counterpart on Monday, after an official report said that manufacturing activity in China, Australias largest export market, increased in January. AUD/USD touched a session high at 0.8772 at 1:15 GMT, after which consolidation followed at 0.8760, gaining 0.09% for the day. Support was likely to be received […]
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