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.

The Australian dollar exchange rate (Currency:AUD) has lost momentum after rising to multi-month highs during overnight Asian trading after China's manufacturing PMI disappointed.

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 pound trades below 1.5 level against Australian dollar, could there be some AUD weakness around the corner though? Details: Published on Tuesday, 31 July 2012 09:34: Written by Will Peters ...

The Australian dollar has soared against the US dollar, passing $1.05 overnight. Switzerland has announced that it is adding the Australian dollar to its reserves and started buying around 9 months ago.

The latest COT report shows that speculators reduced their net USD long by 45518 contracts. The biggest shifts occurred in the yen and the Australian Dollar.