Australian Dollar Snaps Advance Against Yen Amid European Debt Concerns
The Australian dollar snapped an advance against the yen from yesterday on concern Europe’s leaders won’t be able to deliver... » Read more
The Australian Bureau of Statistics released the Employment report for September 2011 at 11.30am AEDT today.
The unemployment rate dipped to 5.2% from 5.3%.
Net employment increased by 20,400 in September,... » Read more
Aussie Drops on Europe Concern; Kiwi Falls After Deficit Widens
The Australian dollar declined against the U.S. currency after Slovakia’s ruling coalition failed to end a dispute over participation in... » Read more
At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were:
- Current monetary policy prudent
- Financial volatility has... » Read more
The Australian Bureau of Statistics released August Trade Balance and Building Approvals data at 11.30am AEDT today.
The Trade Surplus increased to A$3.1 billion, well ahead of the A$1.9 billion... » Read more