Weak employment data drives AUD lower

The Australian Bureau of Statistics released the Employment report for April 2011 at 11.30am AEST today. The unemployment rate remained unchanged at 4.9%. Net employment declined by 22,100, well below market... » Read more

Aussie Trade Balance bounces back to surplus in March

The Australian Bureau of Statistics released March 2011 Trade Balance data at 11.30am AEST today. The Trade Balance bounced back into a surplus of A$1.74 billion, well ahead of market... » Read more

Weak AU Retail Sales in March put a dent in the Aussie

The Australian Bureau of Statistics released March 2011 Retail Sales and Building Approvals at 11.30am AEST today. Retail Sales declined by 0.5% in March, well below market expectations for a... » Read more

RBA holds fire on rates in May, accompanying statement little changed from April

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 is appropriate - Will carefully... » Read more

The Australian 3/5/2011 – Thomas Averill

Markets rally on Osama bin Laden's death GLOBAL stockmarkets jumped, the US dollar rose and the price of oil fell on the news of Osama bin Laden's death yesterday. Financial... » Read more

Bloomberg 3/5/2011 – Derek Mumford

Australian Dollar Weakens on Speculation RBA Will Delay any Rate Increase The Australian dollar declined against most of its major counterparts after the central bank left interest rates on hold... » Read more

The Age 2/5/2011 – Derek Mumford

Aussie dollar eases back after topping 110 US cents The Australian dollar touched a new post-float high today when it climbed above the 110 US cent mark but gave... » Read more

Strong inflation data drives the Aussie higher

The Australian Bureau of Statistics released Q1 2011 CPI data today at 11.30am AEST. Consumer prices rose by 1.6% in Q1, ahead of the 1.2% rise expected. The annualised figure... » Read more

Sydney Morning Herald 21/4/2011 – Thomas Averill

Rampant Aussie dollar eyes 108 US cents After hitting 106 US cents yesterday, the rampant Aussie dollar today breezed past 107 US cents and is a chance to reach... » Read more

Status quo remains with today’s RBA minutes

The RBA released the minutes of the April 5th Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - Policy appropriate... » Read more