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
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. Read More >> |
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. Read More >> |
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? Read More >> |
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. Read More >> |
08 February 2012 Currency Exchange Australia Foreign exchange brokers are experts in ‘forex trading’, the trade of currencies on the global foreign exchange market. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
23 January 2012 Currency Exchange Australia Corporate currency exchange brokers offer specialist advice and the best possible rates of exchange on your international transfers. Read More >> |
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. Read More >> |
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 Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
05 September 2011 Currency Exchange Australia The Australian dollar was trading lower on Monday as weak US jobs data affected investor risk appetite. Read More >> |
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. Read More >> |
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. Read More >> |
17 August 2011 Currency Exchange Australia The Australian dollar was trading marginally higher on Wednesday despite risk appetite declining amid ongoing European debt woes. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
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. Read More >> |
