Thread: Forex News

Australian Dollar Drops Versus U.S. Currency After Trade Surplus Declines
Bloomberg

By Yoshiaki Nohara

The Australian dollar fell against all 16 major counterparts after a government report today showed the nation’s trade surplus declined.

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Dollar and yen retain losses made on upbeat data
Reuters

By Rika Otsuka

(Reuters) - The dollar and the yen were on the defensive on Thursday, retaining most losses made the previous day when upbeat data helped lure investors away from safe-haven currencies and assets.

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BOJ Should Use ‘Unsterilized’ Intervention on Yen, Barclays Says
Bloomberg

By Shigeki Nozawa

Sept. 2 (Bloomberg) -- Japanese authorities can boost the effectiveness of currency market intervention by leaving extra liquidity in the financial system after selling the yen, according to Barclays Bank Plc.

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Aussie Is Near Three-Week High on Stocks, Commodities, U.S. Economic Data
Bloomberg

By Yoshiaki Nohara

The Australian dollar traded near a three-week high against the greenback as global stocks and commodities rose amid signs the U.S. economic recovery remains resilient, boosting demand for growth-sensitive currencies.

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Aussie Climbs on Domestic GDP Growth, Manufacturing Gains in U.S., China
Bloomberg

By Yoshiaki Nohara and Catarina Saraiva

Australia’s dollar rose by the most in almost three months versus the U.S. dollar after reports showed the nation’s economy grew at the fastest pace in three years last quarter and U.S. and Chinese manufacturing expanded.

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FOREX-Dollar falls across the board; Aussie dollar soars
Reuters

By Wanfeng Zhou

NEW YORK, Sept 1 (Reuters) - The U.S. dollar fell against major currencies and the Australian dollar surged on Wednesday after upbeat data from China and Australia soothed worries about the health of the global economy and boosted risk appetite.

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FXWRAP: Dollar Mixed On Fresh Surge Of Optimism
iMarket News

By Dennis Pettit

NEW YORK, Sept 1 (MNI) - The dollar ended the Wednesday session about unchanged vs. the euro, though after suffering losses overnight, while racking up slight gains vs the yen as a fresh wave of optimism swept through financial markets.

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Strong Australian and Chinese Reports Boost The Euro
IB Times

Aussie GDP grew by 1.2% in the April to June period from the previous three months, when it rose a revised 0.7 %. Much of the increase was attributed to China’s insatiable demand for coal and iron ore. Overall exports gained by 5.6%, adding 1.1 percentage points to overall GDP. Amazingly, real gross domestic income rose 4.0%, the largest quarterly growth since March 1973. Real net national disposable income increased by 5.1% in the quarter and by 9.5% over the past four.

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Dollar soars to 91 US cents on strong data
The Sydney Morning Herald

The Australian dollar opened one US cent stronger thanks to a good run of economic data from United States, China and Australia.

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NZ dollar climbs on better data
Sydney Morning Herald

The New Zealand dollar climbed further overnight after upbeat data around the world soothed worries about the health of the global economy, boosting investors' appetite for riskier assets.

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