Currency News

This is your area for all the latest currency and financial news, with an emphasis on stories which relate to your currency needs. Updated regularly, this page gives you can the news as it happens from Australia's financial sector and the rest of the world too. Whether the Aussie has risen sharply, markets are nervous about risk or positive sentiment is on the rise, you can read the stories here to keep yourself up to speed.

Latest News

EU Debt Woes Continue But Outlook Positive For Aussie
22 February 2012
Currency Exchange Australia
Since reaching lows in 2008 the Australian dollar has regained around 80%, the equivalent of US $0.60 as the result of the mining boom, high domestic rates of interest and soaring commodity prices.
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How Does Forex Trading Work?
20 February 2012
Currency Exchange Australia
Forex traders usually seek out currency pairs that they predict will fluctuate in value and aim to buy low and sell high.
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Save Money On Your International Business Payments
15 February 2012
Currency Exchange Australia
You may have heard of corporate foreign exchange brokers, but have you ever actually considered how they can help your business?
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How To Manage Forex Trading Risk
13 February 2012
Currency Exchange Australia
If you’re thinking about starting to trade in foreign currency or are new to the world of forex trading, you should be aware of the potential risks involved in this fast paced and volatile market.
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Utilising The Services Of A Foreign Exchange Broker
08 February 2012
Currency Exchange Australia
Foreign exchange brokers are experts in ‘forex trading’, the trade of currencies on the global foreign exchange market.
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Get Help With Smaller International Transfers
06 February 2012
Currency Exchange Australia
Dealing with transfers up to around AU $3000, money transfer firms can offer you a more cost effective and efficient service than regular banks.
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Get Help With Your Private Exchange Needs
01 February 2012
Currency Exchange Australia
Using the services of a private exchange broker can make your international payments cheaper, quicker and even easier to organise.
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Trading On the Forex Market
30 January 2012
Currency Exchange Australia
Forex, or ‘foreign exchange’ trading is the buying and selling of currencies on the world-wide foreign exchange market.
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Australian Dollar Holds On To Three Month High
25 January 2012
Currency Exchange Australia
The Australian dollar has soared to a twelve week high this week and remains strong despite the release of weaker than anticipated domestic inflation data.
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Meeting Your Corporate Money Transfer Needs
23 January 2012
Currency Exchange Australia
Corporate currency exchange brokers offer specialist advice and the best possible rates of exchange on your international transfers.
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Know The Risks Involved In Forex Trading
18 January 2012
Currency Exchange Australia
If you’re thinking about trading on the foreign exchange or ‘forex’ market you need to make sure you are aware of the risks involved before investing your money.
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Making A Smaller International Payment? Get A Better Deal With Money Transfer Firms
16 January 2012
Currency Exchange Australia
Whether you need to transfer funds between bank accounts in different countries, send money to relatives overseas or make small volume international purchases, money transfer firms will help you exchange funds up to the value of around $3,000
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Interested In Currency? Get Started In Forex Trading
09 January 2012
Currency Exchange Australia
Forex Trading might be the ideal opportunity for you to invest and earn in an exciting and fast paced market.
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Aussie Weakens on Renewed EU Debt Concerns
04 January 2012
Currency Exchange Australia
After a four day run of gains against its major counterparts the Australian dollar weakened on Wednesday as news of European bond auctions dampened investor appetite for riskier currencies.
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Aussie Boosted By Strong US Economic Data
21 December 2011
Currency Exchange Australia
The Australian dollar was trading higher on Wednesday after positive US housing data revived investor appetite for higher risk currencies.
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Aus Falls Below Parity on EU Debt Fears
15 December 2011
Currency Exchange Australia
The Australian dollar dipped below parity for the first time in 2 weeks due to ongoing fears about the state of the global economy going as low as 99.76 US cents.
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Aussie Higher On EU Treaty Agreement
12 December 2011
Currency Exchange Australia
The Australian dollar was higher on Monday following news that European Leaders have agreed on a draft treaty which will lead to stricter financial controls on single currency nations and prevent the region’s debt crisis from spreading.
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Aussie Gains On Positive GDP Data
07 December 2011
Currency Exchange Oz
After being weakened by the Reserve Bank of Australia’s second rate cut in as many months, the Australian dollar was stronger on Wednesday following the release of better than expected gross domestic product data.
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Aussie Lower Ahead Of RBA Interest Rate Cut
05 December 2011
Currency Exchange Oz
The Australian dollar weakened against its largest peers on Monday as speculation grew that the Reserve Bank will make a further cut to interest rates tomorrow.


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Aussie Reaches Parity On Positive Economic Data
30 November 2011
Currency Exchange Oz
Improved US consumer confidence data and strong local business figures helped push the Australian dollar higher on Wednesday, enabling it to regain parity with its US counterpart.


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Aussie Higher On Talks Of Italy Bail-Out
28 November 2011
Currency Exchange Oz
The Australian dollar recovered some of last week’s losses on Monday following reports over the weekend of progress in Euro zone crisis talks and a possible bail-out for Italy.
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Strong Construction Data Fails To Lift Currency
23 November 2011
Currency Exchange Oz
Global debt issues continued to weigh heavily on the Australian dollar on Wednesday, despite the release of strong local construction data.


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Aussie Below Parity Amid US Debt Negotiations
21 November 2011
Currency Exchange Oz
The Australian dollar weakened to a near six week low on Monday as the US debt deficit one again hit headlines, sparking caution among investors.
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Aussie Lower As European Debt Pressure Mounts
16 November 2011
Currency Exchange Oz
The Australian dollar declined against its US counterpart for the third consecutive day on Wednesday as concerns about the Italian and Spanish economies added to market pessimism surrounding the EU debt crisis.
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Aussie Stronger As EU Leadership Changes Boost Optimism
14 November 2011
Currency Exchange Oz
The Australian dollar strengthened against US dollar on Monday amid hopes that leadership changes in Italy and Greece will help to resolve the European debt crisis.


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Aussie Lower On Weak Chinese Data And Expected Unemployment Rise
09 November 2011
Currency Exchange Oz
The Australian dollar declined against the majority of its biggest counterparts on Wednesday following the release of disappointing Chinese economic data and ahead of an expected rise in the local unemployment rate.
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Euro Zone Crisis Weighs on Australian Dollar
07 November 2011
Currency Exchange Oz
The Australian dollar was slightly lower on Monday, remaining subdued amid ongoing EU debt tensions. After trading at around $103.97 US cents at close of trade on Friday, the Aussie failed to gain much momentum over the weekend. By midday on Monday AEDT the local currency was weaker at $103.88 US cents.
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Aussie Lower On EU Debt Concerns
02 November 2011
Currency Exchange Oz
The Australian dollar was sent lower on Wednesday following overnight news that Greece is planning to hold a referendum before agreeing to accept a second Euro zone bail- out package.
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Markets Cautious Ahead Of ‘Risky’ Week
31 October 2011
Currency Exchange Oz
The Australian dollar was weakened against its US counterpart on Monday amid speculation of a mixture of domestic and offshore risk factors.


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Aussie Weakens On Low Inflation Data
26 October 2011
Currency Exchange Oz
The Australian lower was weaker against its US counterpart on Wednesday after moderate inflation data reduced the likelihood of a cash rate hike by the central bank.


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Aussie Stronger Following EU Debt Crisis Summit
24 October 2011
Currency Exchange Oz
The Australian dollar was trading up on Monday after market sentiment was boosted by reported progress in the EU leaders’ weekend summit.
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Improved EU sentiment Boosts Australian Dollar
19 October 2011
Currency Exchange Australia
Optimism in the possibility of European leaders finding a resolution to the zone’s debt crisis returned to the markets on Wednesday, boosting the Australian dollar by over one US cent.
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Aussie Higher On Positive US Data And Renewed EU Optimism
17 October 2011
Currency Exchange Australia
The Australian dollar strengthened by over one US cent on Monday following positive US retail sales data and renewed optimism in plans to help tackle the Euro zone debt crisis.


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Aussie Higher On Positive Local & US Data, EU Debt Resolution
10 October 2011
Currency Exchange Australia
The Australian dollar was trading higher on Monday, supported by projections of positive local employment data, strong payroll figures from the US and renewed optimism over management of the Euro zone debt crisis.
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Australian Dollar Lower On Euro Zone Downgrade
05 October 2011
Currency Exchange Australia
The downgrade of another EU zone country sent the Australian dollar lower on Wednesday amid renewed fears over the impact of the region’s debt crisis on the global economy.
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Aussie Falls To 2011 Low
03 October 2011
Currency Exchange Australia
The Australian dollar fell to its lowest level this year on Monday as stocks, commodities and currencies declined after a large scale sell off on Wall Street on Friday.
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Aussie Firms On Reports Of Greek Debt Resolution
28 September 2011
Currency Exchange Australia
The Australian dollar was slightly firmer on Wednesday as EU policy leaders made progress with their plans to resolve Greece’s debt crisis.
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Aussie Trades Lower On Greek Debt Comments
26 September 2011
Currency Exchange Australia
Following a positive start to the session, the Australian dollar lost almost half a cent against the US dollar on Monday amid fears that Greece’s debt could impact on other economies.
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Aussie Higher As Euro Zone Negotiations Progress
21 September 2011
Currency Exchange Australia
The Australian dollar was trading higher on Wednesday as news of progress in the Greece debt crisis talks renewed investor risk appetite.
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Aussie Lower On European Uncertainty
19 September 2011
Currency Exchange Australia
The Australian dollar was trading lower on Monday after it was announced that the planned bail-out for debt stricken Greece would be delayed.
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Aussie Lower On Threat Of Greek Debt Default
12 September 2011
Currency Exchange Australia
The Australian dollar was trading lower on Monday as concerns over the EU debt crisis were fuelled by the resignation of one of the European Central Bank’s executive board members.
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Aussie Regains Losses Following Strong GDP Data
07 September 2011
Currency Exchange UK
After opening lower on Wednesday the Australian dollar regained its losses following the release of better than expected local GDP data.
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Aussie Down On Weak US Employment Data
05 September 2011
Currency Exchange Australia
The Australian dollar was trading lower on Monday as weak US jobs data affected investor risk appetite.
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Australian Dollar Higher On Economic Optimism
31 August 2011
Currency Exchange Australia
The Australian dollar was trading higher on Wednesday as global equity markets strengthened and speculation grew that the US Federal Reserve would act to stimulate the American economy.
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Is The Strong Aussie A Good Thing?
24 August 2011
Currency Exchange Australia
The stronger the dollar, the more expensive our exports become which means that they can often be brought for less money elsewhere.
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Aussie Marginally Higher Despite Ongoing Eurozone Debt Concerns
17 August 2011
Currency Exchange Australia
The Australian dollar was trading marginally higher on Wednesday despite risk appetite declining amid ongoing European debt woes.
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Australian Dollar Higher Amid 'Calmer' Markets
15 August 2011
Currency Exchange Australia
The Australian dollar saw a positive start to the week, trading higher on Monday amid renewed investor confidence and a calmer financial market.
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Aussie Boosted By US Interest Rate Freeze
10 August 2011
Currency Exchange Australia
The Australian dollar was trading higher on Wednesday following a pledge by the US Federal Reserve to freeze interest rates at their current lows for two years in order to revive the American economy.
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The Australian dollar was trading lower on Monday as the downgrade of America’s credit rating continued to weigh heavily on markets across the globe.
08 August 2011
Currency Exchange Australia
The Australian dollar was trading lower on Monday as the downgrade of America’s credit rating continued to weigh heavily on markets across the globe.
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Aussie Falls On Weak Economic Data And Frozen Cash Rate
03 August 2011
Currency Exchange Australia
A combination of weak local and US data sent the Australian dollar trading lower on Wednesday, in addition to news that the cash rate had been kept on hold.
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