McKibbin: RBA should intervene to lower AUD. Updated August 02, 2012 13:31:00. McKibbin: RBA should intervene to lower AUD SUBBED/UNSUBBED NOT POSTED KEYWORDS: Reserve Bank, Australian dollar, Warwick McKibbin, central banks, markets, ...

Bell FX Currency Outlook: The Australian dollar is trading just under 1.0500 and is well supported on any dips at the moment. Australia: The Australian dollar is lower this morning as the US Fed Reserve failed to meet market expectations for further ...

Posted By :Greg McKenna on:8/2/2012 7:12:00 AM. The Fed did as expected, at least by me, which was nothing. No stimulus, no QE not even any exciting language holding out the prospect of stimulus to come.

Latest News on the Australian Dollar. RBS cautious of the view that the Australian dollar is overvalued as 'sovereign premium' continues to support AUD · Print · Email.

The Australian Industry Group-PricewaterhouseCoopers Australian Performance of Manufacturing Index fell 6.9 points to 40.3 on month, hit by a combination of a strong Australian dollar, rising costs and weak demand.

We are entering a trough in the mid 1.4 region that this currency pair lulled in earlier this year. This is a major support area that has to hold should GBP-AUD not suffer further falls.

Weekly. Last Candlesticks pattern: N/A; Time of formation: N/A; Trend bias: Up. Daily. Last Candlesticks pattern: Hammer; Time of formation: 1 Jun 2012; Trend bias: Down.

Reuters China, and the Euro-zone's GDP growth forecasts have been reduced to 8.2% (prior +8.5%) and -0.1% (prior 0.2%) respectively; whereas Germany, France and the US results were amended upwards.

Online incursions. Aussie retailers are losing market share to their overseas competitors due to the high $A and better online offerings offshore.

THE dollar has fallen after the release of weaker-than-expected Chinese manufacturing data. At 12pm AEST today, the local unit was trading at 104.76 US cents, down from 105.19 cents yesterday.