6. Australian Dollar

AUD, NZD Down on Aroused Risk Aversion
The Australian and New Zealand dollars both showed a second day of decline today on the Forex market as the stocks, commodities and the confidence in the fast recovery from the recession fell world-wide.
Aussie Reaches 2-Month High versus Dollar
The Australian dollar rose slightly against the U.S. dollar and reached a new 2-month high level today as the dollar still suffers from the near zero interest rates set yesterday by the Federal Open Market Committee.
AUD Falls on Weak Business Confidence
The Australian dollar declined today against the U.S. dollar and the Japanese yen as the country’s stock markets fell after the report on the November business confidence came out showing the record low reading for the index.
Aussie, Kiwi Rise on China’s Stimulus Plan
The Australian and New Zealand dollars rose against the U.S. dollar and the Japanese Yen compared to the last Friday’s close levels as the China said that the government will provide $586 billion of liquidity help to the national economy.
Aussie Declines After Interest Rate Cut
The Australian dollar reversed its yesterday gains versus the U.S. dollar and the yen after the Reserve Bank of Australia announced its decision to reduce the target cash rate today.
Australian Dollar Rises for the Third Day
The Australian dollar rose against the U.S. dollar and the Japanese yen for the third day today after the rate cut in U.S. and a moderate decline in the global risk-aversion.
Australian Dollar Falls on Stock and Oil Drop
The Australian dollar fell today against the Japanese yen after the U.S. stocks failed to demonstrate Monday’s growth and the Japanese Nikkei showed poor dynamics during the earlier Asian trading session.
Australian Dollar Rebounds after Rate Cut
The Australian dollar got boosted by the central bank’s decision to cut the interest rate by 1 percentage point today and recovered against the other major currencies during the Asian trading session.
Australian Dollar Has Worst Week Since 1985
The Australian dollar posted the biggest weekly loss since 1985 against the U.S. dollar this week, as the traders dumped their positions in the high interest rate currencies, while the situation with the global financial system remained uncertain.
Buy AUD for NZD Can be Next Big Trade Idea
The Australian currency may experience considerable gains against the New Zealand dollar soon as the New Zealand’s central bank showed commitment to the extreme rate cutting in the fear of recession, while Australian central bank may refrain from changing the rate for now.