Category: Aussie

  • FX Watch: AUD/NZD and AUD/CHF Bullish Setups on Tight Aussie Jobs Data

    Our events guide to the September Australian jobs report suggests that jobs growth may continue, albeit at a slower pace. Stronger than expected numbers will support the RBA’s stance that the labor market remains tight, giving the central bank more reason to stick to its less pessimistic bias compared to…

  • FX Watch: AUD/NZD and AUD/CHF Bullish Setups on Tight Aussie Jobs Data

    Our events guide to the September Australian jobs report suggests that jobs growth may continue, albeit at a slower pace. Stronger than expected numbers will support the RBA’s stance that the labor market remains tight, giving the central bank more reason to stick to its less pessimistic bias compared to…

  • Buy the Aussie dollar on Chinese support

    Investing.com – Investors should look to buy the Australian dollar, according to HSBC, as the currency has three crucial tailwinds. The first, and perhaps most important, factor likely to support the dollar is policy support from China, HSBC analysts said in a note dated October 9. Chinese optimism helped lift…

  • yuan boosted by China stimulus cheer, Aussie rises before RBA By Investing.com

    Most Asian currencies rose on Tuesday as China’s yuan was supported by Beijing’s announcement of more stimulus measures, while the Australian dollar rose in anticipation of hawkish signals from the Reserve Bank. The weakness in the US dollar helped regional markets, as the greenback remained weak after the Federal Reserve…

  • Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus By Reuters

    By Kevin Buckland TOKYO (Reuters) – The Australian dollar rose to its highest level this year on Tuesday as the central bank underlined its determination to tame stubborn inflation, while the yuan rose to a 16-month high after fresh stimulus steps from China. The Reserve Bank of Australia kept interest…

  • Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus By Reuters

    By Kevin Buckland TOKYO (Reuters) – The Australian dollar rose to its highest level this year on Tuesday as the central bank underlined its determination to tame stubborn inflation, while the yuan rose to a 16-month high after fresh stimulus steps from China. The Reserve Bank of Australia kept interest…

  • Asia FX muted with more Fed cues on tap; Aussie rises before RBA By Investing.com

    Most Asian currencies moved in a narrow range on Monday, while the dollar steadied after recent losses as traders awaited a series of additional signals on the Federal Reserve and U.S. inflation. The Australian dollar was among the best performing currencies, rising ahead of a Reserve Bank of Australia meeting…

  • Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test By Reuters

    By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Wednesday while riskier currencies such as the Australian dollar and the British pound fell as traders rushed to take on risk after the worst sell-off in nearly a month on Wall Street and heavy losses in Asian shares.…

  • Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI By Investing.com

    Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s ​​recovery was limited, as were losses in regional markets, as traders remained optimistic…

  • Newsquawk Week Ahead: US CPI & Retail Sales; UK CPI & Jobs data; Aussie jobs and RBNZ

    12th-16th August 2024 Mon: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul)Tue: IEA Oil Market Report, Australian Wage Price Index (Q2), UK Jobs (Jun/Jul), German ZEW Survey (Aug), US PPI (Jul)Wed: RBNZ Announcement and Quarterly MPS, Bank of Israel Announcement,…

  • Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation By Investing.com

    Most Asian currencies rose on Thursday, with the Australian dollar making strong gains after Reserve Bank of Australia Governor Michelle Bullock said the bank would not hesitate to raise interest rates further to curb inflation. The Japanese yen also rose, steadying after falling in the previous session as data from…

  • Asia FX weak as yen falls from 7-mth peak; Aussie firms on hawkish RBA By Investing.com

    Most Asian currencies were slightly lower on Tuesday as the dollar steadied after its recent slide, with the Japanese yen retreating from seven-month highs. The Australian dollar was among the region’s best performing currencies, rising after the Reserve Bank of Australia kept interest rates unchanged but took a hawkish stance…

  • Federal Police Uncover Major Crypto Scam: 2,000 Aussie Wallets Hacked

    More than 2,000 Australian-owned crypto wallets have been discovered by the Australian Federal Police (AFP) Hacked By foreign fraudsters, the Financial Review reported. This disturbing discovery is part of a larger effort called Operation Spincaster, which seeks to combat cybercrime around the world, and represents the latest breakthrough in the…

  • Federal Police Uncover Major Crypto Scam: 2,000 Aussie Wallets Hacked

    More than 2,000 Australian-owned crypto wallets have been discovered by the Australian Federal Police (AFP) Hacked By foreign fraudsters, the Financial Review reported. This disturbing discovery is part of a larger effort called Operation Spincaster, which seeks to combat cybercrime around the world, and represents the latest breakthrough in the…

  • Yen choppy after BOJ hikes, Aussie struggles as RBA cuts eyed By Reuters

    Written by Ray Wee SINGAPORE (Reuters) – The yen swung between gains and losses on Wednesday after the Bank of Japan raised interest rates at the end of its two-day policy meeting and unveiled a detailed plan to scale back its massive bond-buying programme. The yen rose about 0.8% to…

  • Aussie banks to return $19 million charged in high fee to low-income customers By Reuters

    (Reuters) – Four Australian banks will return a total of A$28 million ($18.95 million) to low-income customers after a review by the corporate regulator found they were kept in high-fee accounts despite being eligible for cheaper products. ANZ, Commonwealth Bank of Australia, Bendigo Bank, Adelaide Bank and Westpac held at…

  • Aussie dollar jumps on inflation spike, while yen stays under pressure By Reuters

    Written by Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Australian dollar rose after a surprise jump in inflation on Wednesday raised the prospect of another interest rate hike, while the U.S. dollar maintained downward pressure on the Japanese yen. Moves elsewhere in the market were relatively muted as…

  • Aussie Frontman of BitConnect Pleads Guilty

    BitConnect’s national promoter in Australia, John Pygaton, has pleaded guilty to his role in promoting the scam three and a half years after being charged. He promoted the fraudulent cryptocurrency scheme on social media, hosted seminars across the country, and held face-to-face meetings with victims to convince them to invest…

  • US dollar steady, Aussie slides after RBA By Reuters

    Written by Samuel Indyk and Kevin Buckland LONDON (Reuters) – The U.S. dollar was broadly flat on Tuesday while the yen pared earlier losses as Japanese officials issued fresh warnings after two rounds of suspected interference in dollar selling last week. The Australian dollar fell from its highest level in…