Australian dollar

Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi

[SYDNEY] The Australian dollar climbed on Monday (Nov 10) amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a bullish run ag...

The Australian dollar has remained a well-functioning “natural” hedge for global risk assets.

Australian pension funds to expand use of forex hedging as size grows

[SYDNEY] Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with a larger share of investmen...

Things look rockier for the US dollar as data showed jobs growth missed expectations in July with downward revisions to prior months as well.

Currency traders focus on Australian dollar and euro for bearish US dollar bets

More selective positioning comes amid tariff risks and deteriorating data from America

The weekend US strike sent the Aussie to a three-week low of US$0.6416 early on Monday, but it soon found support at the 200-day moving average of US$0.6423.

Australian, New Zealand dollars fall with global stocks after US strikes Iran

[SYDNEY] The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although they found some chart support to lean on and bounced off earl...

Investors seemed relieved the GDP report was not even worse and the Aussie held at US$0.6473, having fallen 0.5 per cent the previous session and away from resistance around US$0.6500. Support lies around US$0.6447 and US$0.6390.

Australian dollar out of gas as economy sputters

[SYDNEY] The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut again and perha...

The central bank has been monitoring core inflation as government rebates and subsidies have somewhat suppressed the headline figure.

Australia’s monthly CPI higher than estimates, Aussie edges up

With the Trump administration’s tariff regime threatening global activity, inflation is likely to begin to take second place to concerns about the economic outlook 

The Australian dollar fetched US$0.6514 for the first time since early December, although it was still battling sellers at the key level of 65 cents.

Australian dollar hits new five-month high on US-China trade talks

[SYDNEY] The Australian dollar hit a new five-month peak on Wednesday, buoyed by progress in US-China trade talks scheduled for later this week, while the New Zealand dollar found little support follo...

The Australian dollar rose back to US$0.6429 from a Monday low of US$0.6369.

Australian, New Zealand dollars make the most of US tariff tangle

[SYDNEY] The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their US ...

The Australian dollar slipped 0.5 per cent to US$0.6121 on Thursday, having rallied 3.3 per cent overnight - the biggest daily gain in 15 years - to bounce off a five-year low of US$0.5912.

Australian, New Zealand dollars stage massive rally after Trump’s tariff reversal

[SYDNEY] The Australian and New Zealand dollars were revived by a historic stock market rebound after US President Donald Trump paused most of his reciprocal tariffs, but worryingly for the two Antipo...

The Aussie traded flat at US$0.6278, though it had found support around US$0.6217 during a slide early in the week.

Australian, New Zealand dollars exposed to collateral damage from tariff fallout

[SYDNEY] The Australian and New Zealand dollars were left adrift on Wednesday as investors awaited details on US tariffs that could well trigger a global trade war, dragging on economic growth and com...