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Australian Dollar news

  
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Australia's dollar by 2015 could become an official global reserve currency.
Australia has long prided itself on “punching above its weight” in global sporting contests such as the Olympics. Now, the resource-rich nation of 22.6 million people and the world's 12th biggest economy may see its currency do the same, with the ...
Why the Strength of the Australian Dollar is Both Mysterious and Obvious  Daily Reckoning - Australian Edition
What happens if the dollar hits $US1.20?  Sydney Morning Herald
Aussie, Canada dollars termed reserve currencies
LONDON (MarketWatch) - The Australian and Canadian dollars, the world's leading commodity-rich currencies, are being formally classified as official reserve assets by the International Monetary Fund, marking the onset of a multi-currency reserve ...
IMF poised to list Aussie dollar as a reserve currency  The Australian
ANZ continues expansion as Aussie dollar popularity rises  FX Week (subscription)
Forex Analysis: Australian Dollar to Extend Drop Amid Risk Aversion
As we discussed last week, the Australian Dollar is rebuilding its correlation with broad-based risk sentiment trends, with the correlation between AUDUSD and the S&P 500 now at 0.57 on 20-day percent-change studies.
Deloitte predicts bright future for tourism despite high Australian dollar
LACHLAN SMIRL: The dollar has certainly been a factor for Australian tourism and I think it's come through most strongly on outbound travel by Australians, which as we know is (inaudible) double digit growth over the last decade.
Is RBA printing money to weaken dollar?
A surge in foreign deposits with the Reserve Bank has sparked claims it may be printing money, in an attempt to take the heat out of the Australian dollar. Central bank purchases of Australian dollars are seen as one reason for its strength, with up to ...
Royal Bank of Australia Expected to Cut Rates, Could Comment on China  Benzinga
Australia Holds Key Rate on Signs of Global Economy Stabilizing  Bloomberg
Forex Correlations: Australian Dollar at Clear Risk as Volatility Near Lows
We see clear risk that the AUDUSD may continue to trade lower through near-term trade, but we may need to see a material shift in volatility expectations before a more sustained Australian Dollar reversal. --- Written by David Rodriguez, Quantitative ...
LEARN FOREX: Chinese CPI Correlates with Aussie Dollar
Therefore, if the Chinese economy slows down, that will naturally affect the need and demand for Australia's iron ore which is needed for China's infrastructure growth.
Currency Devaluation: While Europe Gets Sinned, Australia Sins
It is trying to counteract the rise of the Aussie dollar which has happened because other countries are printing money and thereby devaluing their currency.
The Crix And Guava Jam Strategy: Delicious Australia
With most developed central banks practicing a Japanese style interest rate environment and even billion dollar asset purchase programs, the Australian monetary policy still has room to go lower. Indeed, times are hard across the globe as the central ...
7 Stocks to Benefit from a Falling Aussie Dollar
The Aussie dollar is one of the stongest currencies in the world - a situation which has done more harm than good to most Aussie companies.