FXstreet.com (Barcelona) - On the surprisingly good Australian approvals data, which has come down to -2.5% in June vs very strong +27% in May, basically dashing any slim possibility of an RBA cut in August, the Australian Dollar has finally, after a ...

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.

Bell FX Currency Outlook: The Australian Dollar edged even higher overnight posting a fresh high above 1.0500 against the US Dollar.

AUD/USD: Australian Dollar Rises On Nowotny's Comment On ESM Banking Licence. For the 24 hours to 23:00 GMT, AUD strengthened 0.91% against the USD to close at 1.0310, buoyed by comments about the possibility of a Euro-zone bailout solution.

With Chinese data not providing much to get excited about these days it is left to some good inflation numbers to provide a boost for the Australian currency.

Currency traders may now hedge their positions with the new ProShares leveraged and inverse Australian dollar exchange traded funds.

Deloitte Access Economics has said: "The peak of the project pipeline is already in sight, meaning the key prop to the faster part of Australia's two-speed economy is looking less certain the further out you look - though there's still enough gas in ...

The Australian dollar (FXA) continues to provide fascinating, and profitable, examples of its strong relationship with the S&P 500 (SPY).

Currency traders may now hedge their positions with the new ProShares leveraged and inverse Australian dollar exchange traded funds.

The Australian dollar to US dollar exchange rate is 0.27 pct lower at 1.0398. The Pound to Australian dollar exchange rate is unchanged at 1.5075.