Aussie is dropping in forex trading as the Down Under currency suffers from concerns about the state of the global economy. Even though the euro is seeing a bit of a recovery from earlier problems, the Aussie is not seeing that optimism.
Aussie is losing ground in forex trading on the currency market today as risk aversion rises, and as gold prices fall. Aussie touched a new 2012 low against the US dollar in forex trading, and the drop may not be done yet.
Aussie is heading higher in forex trading today, gaining as better eurozone data helps risk appetite. Even so, the Australian dollar is mostly softer on the week, since there were so many losses earlier.
Aussie is losing ground in forex trading today, dropping as risk aversion sets in. The Australian dollar is down in currency trading as concerns about global economic growth hold back a number of currencies and other riskier assets.
Aussie is gaining today as good news boosts risk appetite in the financial markets. The Australian dollar is high in currency trading on good news out of the United States, as well as good news out of China.
The Aussie has found a support level in forex trading against the US dollar today. Aussie is a little bit higher today, thanks to the latest news out of Australian. The RBA has decided to keep its interest rate at 4.25% -- even though the forex market had already priced in a cut.
The Aussie is rising today, thanks to newfound popularity with the Russians. The Russian central bank deputy minister announced that the Australian dollar will be used as a reserve currency going forward.
Aussie is losing momentum in forex trading today, falling as risk appetite disappears. Riskier assets are lower on the currency market today, and that includes the Australian dollar.
Euro is pulling back in forex trading, after a rally that saw some of the highest levels in weeks. However, the euro is now lower against most other major currencies, struggling as an agreement in the matter of Greek debt is sought.
