The Australian dollar edged sharply higher against its major counterparts on Thursday morning in Asia following a government report showed that the nation’s unemployment rate fell in August. The aussie touched an all-time high against the euro, fresh 4-month high versus the US dollar, 1-week high against the NZ dollar and a 3-day high against
The buck touched a fresh 15-year low versus the yen as renewed jitters about Europe’s banking system led to increased risk aversion. Traders shrugged off another tepid effort by the Bank of Japan to address the rapid ascent of the yen and bolster the world’s third largest economy. The dollar hit Y83.50 versus the yen,
The Australian dollar edged sharply lower against its major rivals on Tuesday in Asia following the Reserve Bank of Australia’s decision to retain the benchmark interest rate at 4.5% for the fourth consecutive month. The aussie plunged to a 1-week low against the Canadian and NZ dollars, 4-day low versus the greenback and the yen
The Australian dollar showed mixed performance against its major rivals on Tuesday morning in Asia. While the aussie edged higher against the common unit of Europe, it remained in a downward channel versus the currencies of the U.S. and Japan. The Reserve Bank of Australia is set to conclude its monetary policy meeting on Tuesday
The U.S. dollar traded lower against other major opponents during Asian trading on Monday as a better than expected U.S. August payrolls data released on Friday encouraged traders to buy higher-yielding assets. The greenback dropped to a 5-day low against the pound and multi-week lows against the euro, Canadian dollar, Aussie and the New Zealand
