* Aussie opens virtually unchanged as US Fed hike * US Federal Reserve increased interest rates by 0.5% as expected * Local employment nos. due out this morning As expected, the US Federal Reserve delivered a 0.5% interest rate rise early this morning. The delivery of the 50-basis point hike, which broke a trend of
* AUD/USD touches fresh 3-month high early Saturday * Markets gearing up for a big week * Focus very much on US Fed Reserve The AUD opens this morning slightly higher against most major currencies from Friday’s Sydney close. Against the USD, the Aussie traded in a narrow 50-point range however, early Saturday morning, a
* Aussie opens slightly lower despite RBA rate hike * Attention turns to Australian GDP numbers today * Focus very much on the Fed meeting next week The AUD opened this morning slightly lower against all major currencies despite yesterday’s interest rate rise by the RBA. Following the announcement and accompanying statement (in which the
* Aussie opens the week slightly lower against most major currencies * Broad USD strength on the back of strong US job numbers * RBA expected to hike by 0.25% Tuesday The AUD/USD opens this morning slightly down from Sydney’s Friday close of 0.6817, and against most major currency pairs, the Aussie is also lower.
* Aussie touches 68 cents this morning – an 11-week high * Speech by US Fed Chair sets the tone * Soccer World Cup: Australia 1 Denmark 0. Australia through to the knockout stage Whether it was mixed US data, the Socceroos win over Denmark (which takes them to the knockout stage and a game
* Aussie opens the week lower * Focus on RBA and Fed speeches. Also a big week for economic data * Covid case numbers in China cause for concern The AUD/USD opens the week nearly ½ cent lower from Friday’s Sydney close of 0.6765 as we gear up for a big week ahead. Higher Covid
* Aussie inches higher * US Thanksgiving Day Holiday yesterday makes for quiet 24 hours * Focus turns to Australian inflation nos. due out next week The past 24 hours have seen the AUD/USD trade in a narrow range of 0.6732 – 0.6777, and this morning the Aussie opened a touch higher from yesterday’s Sydney
* Aussie bounces back * Focus turns to US data and Fed Reserve Minutes on Thursday * Soccer World Cup: France 4 Australia 1, Saudi Arabia 2 Argentina 1 The AUD/USD opened this morning a touch higher from yesterday’s Sydney close of 0.6614, and against all the other major currency pairs (except the Kiwi), the
* Aussie opens the week lower * Quiet week for local and offshore economic data this week * NZ households bracing for 75 basis point rate hike The AUD/USD opens the week a touch lower after Sydney’s Friday close of 0.6707. After reaching a 2-month high of 0.6792 last Wednesday night, the Aussie spent the
* Aussie fails to push on despite strong local job numbers * USD bounces back on better than expected US Retail Sales * US mid-term elections confirm split – Democrats hold Senate. Republicans take House of Reps For most of the week, the AUD has been riding the wave (due largely to softer US inflation