Articles By Christine Gaylican
Bell FX, IG Markets Currency Outlook: The Australian Dollar is trading near USD 1.0450 after a mixed session overnight. The AUDEUR will be closely watched today as local retail sales and building approvals, a good measure of returning consumer confidence, has been estimated to kick 0.3 per cent and 2.5 per cent higher, respectively and should provide more traction to the AUD.
The Australian dollar has opened near USD 104.50 after an up-and-down offshore session.
Bell FX, IG Markets Currency Outlook: The Australian Dollar has returned from the Easter break slightly better ahead of the Reserve Bank of Australia announcement later today.
Bell FX, FXstreet, IG Markets Currency Outlook: The Australian Dollar remains firm and trading USD 1.0500 heading into the start of the local trading day, but some bearish movement is seen going towards the Easter holiday.
IG Markets, Bell FX Currency Outlook: The Australian Dollar has maintained its overnight gains trading within the range of USD1.0489 to 1.0500 USD at the start of the trading day.
Bell FX, CMC Markets Currency Outlook: The Australian Dollar was well bid in overnight trading, particularly against the EUR, as initial optimism over the Cyprus bank bailout plan gave way to concerns about what it could mean for other European economies. Nonetheless, this does not remove the cautious stance of most investors leading into the Easter holiday.
Bell FX Currency Outlook: It was a quiet night of trading on Friday as financial markets await the result of ongoing discussions in Cyprus.
Bell FX Currency Outlook: Despite the tension currently existent in currency markets, exchange rates failed to move much overnight.
Bell FX Currency Outlook: Despite quite reasonable movements in core currencies overnight, the AUD is largely unchanged this morning.
Bell FX Currency Outlook: The Australian Dollar has fallen after the Cyprus Parliament rejected a bank deposit tax designed to save the country from bankruptcy.