RBA leaves rates on hold again in September

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: -  Prudent to maintain current policy - Global financial... » Read more

The Australian 6/9/2011 – Derek Mumford

The Australian dollar fell on Tuesday but showed some resilience to stay above 105 US cents, amid jitters over European sovereign debt and weaker than expected local... » Read more 6/9/2011 – Derek Mumford

At 1700 AEST, the Australian dollar was at 105.39 US cents, down from Monday's close at 105.71 US cents. During the day, the local unit moved between a low of... » Read more

Aussie Retail Sales bounce back strongly in July

The Australian Bureau of Statistics released July 2011 Retail Sales and Q2 CAPEX data at 11.30am AEST today. Retail Sales rose by 0.5%, ahead of the 0.3% expected and a... » Read more

The Australian 19/8/2011 – Derek Mumford

Australian dollar is up, but its run slowing THE Australian dollar strengthened yesterday, boosted partly by an improving stock performance in Australia. Despite the gains, however, traders and analysts said... » Read more

Bloomberg 19/8/2011 – Thomas Averill

Australian Dollar Gains for First Time in Three Weeks; N.Z. Currency Drops Australia’s dollar advanced for the first week this month against its U.S. counterpart, after touching the lowest level... » Read more

Bloomberg 17/8/2011 – Derek Mumford

Euro Falls Second Day Versus Yen as Joint-Bond Plan Rejected; Franc Gains The euro weakened for a second day against the yen after the leaders of Germany and France rejected... » Read more

RBA August meeting minutes

The RBA released the minutes of the August 2nd Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - Considered tightening... » Read more

Bloomberg 11/8/2011 – Thomas Averill

Aussie, New Zealand Dollars Climb as Equities Rally, Commodities Advance The Australian and New Zealand dollars advanced against the greenback as equities climbed and commodites rallied, spurring demand for higher-yielding... » Read more

Aussie unemployment rate back above 5% in July

The Australian Bureau of Statistics released the Employment report for July 2011 at 11.30am AEST today. The unemployment rate jumped to 5.1% from 4.9%. Net employment declined by 100 in June,... » Read more