Tag Archives: Australian dollar

AUDUSD moves higher on higher Australian retail sales numbers

The Australian government released retail sales data on Monday, which beat forecast and rose in September from the previous month. The aussie firmed up and gained 20 pips against the US dollar in reaction to the 0.5 percent rise in retail sales. Forecasts were for a 0.4 percent increase. Aussie gained back losses made against the US dollar on Friday, moving up to $1.0366 from $1.0335 in early...

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November 5, 2012 @ 7:36 am

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Aussie dollar boosted by increase in building permits

Australian building permits increased in September from the previous month, helping lift aussie against the USD in early Asian trading on Wednesday. Data show that building approvals for new homes and for renovations jumped 7.8 percent to beat forecasts of a mere 1 percent rise. This is good news for Australia because a recovery in the housing market will at least help offset a slowdown...

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October 31, 2012 @ 7:15 am

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Aussie dollar boosted by increase in building permits

Australian building permits increased in September from the previous month, helping lift aussie against the USD in early Asian trading on Wednesday. Data show that building approvals for new homes and for renovations jumped 7.8 percent to beat forecasts of a mere 1 percent rise. This is good news for Australia because a recovery in the housing market will at least help offset a slowdown in...

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October 31, 2012 @ 7:15 am

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Australian dollar moves higher after China manufacturing data

The Australian dollar jumped 0.5 percent higher against the US dollar to hit a high of $1.0315after the release of PMI data from China, a key trading partner. Data compiled by HSBC showed that manufacturing in the world’s second largest economy is on the rise. October’s  Flash PMI edged up to a 3-month high of 49.1. This is good news for Australia which exports a large amount of...

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October 24, 2012 @ 6:55 am

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