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FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - FEB 1, 2006.
SYDNEY, Feb 1 Asia Pulse - The Australian dollar surged about three quarters of a US cent overnight as the US dollar was sold off in the lead up to the US Federal Reserve interest rate decision.
At 0815 AEDT the currency was trading at about 75.87 US cents, up more than one per cent on Monday's close.
The Australian dollar was at 75.12 US cents at 1700 AEDT yesterday and then rallied to a high of 75.76 US cents, having reached a low of 74.84.
OzForex manager of corporate business Jim Vrondas said despite the fairly positive data out of the US overnight, the US Fed interest rate decision stole the limelight.
"The market shrugged off (the data) heading into the rate decision and continued to sell the US dollar in the lead up," he said.
"The Aussie rallied on the back of that."
As expected, the Fed increased its official cash rate by another 25 basis points, bringing the policy rate to 4.5 per cent.
- FOREX - AUSTRALIAN DOLLAR CLOSES HIGHER - FEB 3, 2009.
- News wire article from: AsiaPulse News February 3, 2009 700+ words
...greater." The Australian dollar's move higher...s 1430 AEDT rate decision, but still finished...Trinh said the Australian dollar gave up its gains...accompanying Tuesday's rate decision. The Australian dollar was moving higher...
- FOREX - AUSTRALIAN DOLLAR ENDS WEAKER - AUG 9, 2006.
- News wire article from: AsiaPulse News August 9, 2006 700+ words
...Asia Pulse - The Australian dollar finished softer today, with a US interest rate decision bringing the currency...yen and euro, the Australian dollar had been overbought...morning's US interest rate decision, but that its rally...
- FOREX - AUSTRALIAN DOLLAR ENDS FIRMER AGAINST US - JUNE 20, 2008.
- News wire article from: AsiaPulse News June 20, 2008 700+ words
...At 1700 AEST, the Australian dollar was trading at...During the day, the Australian dollar traded between a...activity helped the Australian dollar, ahead of next week's US interest rate decision. The Federal Reserve...
- FOREX - AUSTRALIAN DOLLAR LOWER AT NOON - JULY 1, 2008.
- News wire article from: AsiaPulse News July 1, 2008 700+ words
...1 Asia Pulse - The Australian dollar was lower at noon...Australia (RBA) interest rate decision. At 1200 AEST, the Australian dollar was trading at $US0...During the morning, the Australian dollar traded between a low...
- FOREX - AUSTRALIAN DOLLAR CLOSES SLIGHTLY LOWER - FEB 27, 2009.
- News wire article from: AsiaPulse News February 27, 2009 700+ words
...27 Asia Pulse - The Australian dollar closed little changed...meeting and interest rate decision. At 1700 AEDT, the Australian dollar was trading at $US0...at 0700 AEDT. The Australian dollar opened stronger at...
- FOREX - AUSTRALIAN DOLLAR ENDS LOWER - NOV 2, 2006.
- News wire article from: AsiaPulse News November 2, 2006 700+ words
...data put an end to the Australian dollar's upward march today...Stephen Halmarick said the Australian dollar fell about 20 points...s (RBA) interest rate decision next Wednesday, with the Australian dollar likely to remain well...
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - MARCH 3, 2009.
- News wire article from: AsiaPulse News March 3, 2009 700+ words
...3 Asia Pulse - The Australian dollar has opened lower but...meeting and interest rate decision. At 0700 AEDT, the Australian dollar was trading at US...Danica Hampton said the Australian dollar had held up well against...
- FOREX - AUSTRALIAN DOLLAR OPENS STEADY - OCT 26, 2006.
- News wire article from: AsiaPulse News October 26, 2006 700+ words
...Asia Pulse - The Australian dollar opened little changed...September 7. The Australian dollar was well supported...with a US interest rate decision and accompanying...Canadian dollar. The Australian dollar's yield advantage...
- FOREX - AUSTRALIAN DOLLAR HIGHER AT NOON - DEC 16, 2008.
- News wire article from: AsiaPulse News December 16, 2008 700+ words
...Asia Pulse - The Australian dollar was higher at noon...were published, the Australian dollar continued to underperform...meeting and interest rate decision due Wednesday morning (AEDT). The Australian dollar was expected to remain...
- FOREX - AUSTRALIAN DOLLAR LOWER TO NOON - JAN 29, 2007.
- News wire article from: AsiaPulse News January 29, 2007 700+ words
...downside risk, Mr Gibbs said the Australian dollar would likely linger around its...Federal Reserve's interest rate decision on Wednesday night, although...will be. At 1200 AEDT, the Australian dollar on the Reserve Bank of Australia...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - FEB 1, 2006.