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Australian dollar News

17 Nov 2016

US dollar rises against major currencies

The US dollar increased against other major currencies as Federal Reserve Chair Janet Yellen said the central bank is close to raising interest rates recently.

03 Mar 2016

Asia shares scale 7-week peak, commodities on the mend

Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally.

08 Jan 2016

Euro, yen surge as commodity currencies sag on China jitters

Investors were anxiously awaiting the yuan fix to see if China`s central bank allowed it to fall yet further.

01 Sep 2015

Australia keeps interest rates at record low

"The board on Tuesday judged that leaving the cash rate unchanged was appropriate at this meeting," RBA governor Glenn Stevens said in a statement.

07 May 2015

Australia's jobless rate ticks up to 6.2% in April

The seasonally adjusted April data matched analysts` expectations, although economists had forecast 4,000 jobs to be added to the economy.

04 May 2015

Asian shares falter, Aussie dollar hit on soft China PMI

The HSBC/Markit Purchasing Managers` Index (PMI) fell to 48.9 in April - the lowest level since April 2014 - from 49.6 in March, as demand faltered and deflationary pressures persisted.

16 Apr 2015

Australia's jobless rate falls to 6.1%

Full-time roles increased by 31,516 while part-time jobs rose 6,148. The participation rate, which measures the proportion of adults in work or looking for work, strengthened from a seasonally adjusted 64.7 percent to 64.8.

12 Mar 2015

Australia's unemployment rate eases to 6.3%

The unemployment rate fell from 6.4 percent in January, a more-than 12-year high, according to the Australian Bureau of Statistics -- in line with analysts` forecasts.

12 Feb 2015

Australia`s jobless rate jumps to 12-year-high 6.4%

The Australian Bureau of Statistics said full-time employment dropped by 28,100 in January and part-time employment was up 15,900.

28 Jan 2015

China's yuan breaks into the world's top five as payment currency: SWIFT

China`s yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said on Wednesday.

15 Jan 2015

Australia's jobless rate slips but remains at decade-high 6.1%

Some 37,400 positions were added last month, with full-time jobs soaring by 41,600 as part-time roles eased by 4,100, the Australian Bureau of Statistics said.

Reserve Bank of Australia

02 Sep 2014

Australia`s central bank keeps rates at 2.5%

The Reserve Bank of Australia said it was prudent to maintain a "period of stability in interest rates" to support demand and growth in the economy as it shifts away from a dependence on mining.

23 Jul 2014

Australian inflation gives RBA room to keep rates low

The consumer price index (CPI) had lifted 0.6 percent in the previous quarter, the Australian Bureau of Statistics (ABS) said.

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