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Posts Tagged ‘Australian’

The 2Q GDP report for Australia is expected to show a rebound in economic activity, and the data may encourage the central bank to hold an improved outlook for the region as growth prospects improve.

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Australian Dollar Reaches 20 day Average
DailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from FXCM.

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A surprise lower consumer retail sales data for March reduces rate hike expectations, sending Australian dollar lower.

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Australian Dollar Rally To Accelerate On Higher Growth, RBA To Hold
Australian Dollar Rally To Accelerate On Higher Growth, RBA To Hold Fundamental Forecast for Australian Dollar: Bullish AUDUSD: Stand Aside Ahead of 1.10 Comm Dollars Still Tied to Risk Appetite Aussie Dollar Hits Record High vs USD as Inflation Tops Forecasts The marked appreciation in the Australian dollar may gather pace going into May as investors speculate the Reserve Bank of Australia to …

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Japanese Yen Eyes 2010 Highs (USD/JPY Lows), Australian Dollar Tests 2011 Range
The near-term rally in the Japanese Yen gathered pace on Tuesday, with the USD/JPY falling back to a low of 80.73, while the Australian dollar extended the decline from the previous day as the flight to safety gathered pace.

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The Australian economy is expected to add another 20.0K jobs in February following the 24.0K expansion in the previous month, and the ongoing improvement in the labor market could spark a bullish reaction in the local currency as the recovery gathers pace.

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