Australian Dollar Hits 8-week Low
AUDUSD decreased to 0.69, the lowest since July 2026. Over the past 4 weeks, Australian Dollar US Dollar lost 3.06%, and in the last 12 months, it increased 5.05%.
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Australian Dollar Hits 9-Week Low
The Australian dollar fell below $0.70, hitting a nine-week low after August inflation figures undershot forecasts, trimming bets of near-term interest rate hikes. The monthly CPI rose 0.4%, below the expected 0.5%, while the annual pace accelerated to 4% from 3.5% in July but was below the 4.1% forecast. The trimmed-m
Australian dollar hits nine-week low after CPI misses forecasts
August CPI rose 0.4% versus 0.5% expected, lifting the annual rate to 4.0%. Core inflation rose 0.2% versus 0.3% forecast.
Dollar hits 16-month highs as US yields top 5%
The euro and Swiss franc fell to 16-month lows against the dollar, while the benchmark 10-year Treasury yield settled above 5% after touching its highest since June 2007. The Australian dollar weakened after the Reserve Bank of Australia raised rates as expected.
Australia, NZ dollars near multi-month lows as RBA hike seen likely
The Australian dollar was flat near $0.7020 after hitting an eight-week low, while the New Zealand dollar touched a three-month low at $0.5650. Markets expect the Reserve Bank of Australia to raise rates 25 basis points on Tuesday and see an 80% chance the RBNZ hikes on Oct. 28.
Australian Dollar Hits 7-Week Low
The Australian dollar weakened to around $0.70, hitting its lowest in seven weeks after the latest labor market figures tempered expectations of further interest rate hikes. The jobless rate rose to 4.6%, above forecasts of a steady 4.5% and the highest since late 2021, while the economy added 39,500 jobs versus a pred
UPDATE 1 — Australia's unemployment rate hits five — year high in August as more seek work
(Updates with market reaction in paragraph 2 and 3, quotes from ABS in paragraph 6 and 7.) SYDNEY, Sept 24 (Reuters) — Australian employment rose more than forecast in August but the unemployment rate still hit a five-year high as more people went looking for work, data showed on Thursday. The mixed report was not enou
Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Australian Dollar Hits 4-week Low
AUDUSD decreased to 0.71, the lowest since August 2026. Over the past 4 weeks, Australian Dollar US Dollar gained 0.02%, and in the last 12 months, it increased 6.84%.