AUD ADVANCES QUIETLY For my last commentary folks there is not too much to write this morning. The AUD advanced a little off shore in ... more
AUD TRADES A LITTLE HIGHER The more positive tone to global markets over the past couple of days has assisted the AUD to hold on ... more
AUD HOLDS ON The AUD bounced around last night between .6340 and .6610. It received a boost with the announcement of yet another US Govt. ... more
AUD OPENS STRONGER AFTER STOCKS JUMP The AUD rallied almost three cents over night as global stock markets jumped. News of a bail out for ... more
Notice to Customers 24 November 2008 Dear Customer/Partner As part of the Global operations consolidation process that Currencies Direct has been successfully carrying out in ... more
AUD RECOVERS AFTER LATE WALL ST. SURGE The AUD recovered a little on Friday night, trading back over 63 cents after a late surge on ... more
AUD FALLS 3 CENTS There appears to be no end in sight to the rout we are all experiencing. Evidence everywhere that global economies are ... more
AUD TO TEST SUPPORT More doom and gloom last night as global equities tumbled again. European indexes fell an average of 4% and Wall St ... more
AUD RANGE TRADES The AUD traded a tighter range last night between .6405 and .6575. The local unit continues to track Wall St equity movements ... more
AUD OPENS ON DEFENSIVE The AUD rallied back over 65 cents last night, before the late fall in Wall St Stocks. It is now trading ... more
AUD RETREATS AGAIN The AUD retreated on Friday night and continues to fall as I write this morning. It is now trading at .6390. When ... more
AUD RECOVERS The AUD has recovered this morning after trading as low as .6340 last night. It rallied all of the way back up to ... more
AUD DROPS ANOTHER TWO CENTS The AUD copped another battering last night as stocks and commodities were slammed again. Its almost getting boring isn't it. ... more
AUD LOOKING VULNERABLE The AUD is again looking vulnerable this morning as global equity markets succumb to further selling. Globally corporates are releasing financials that ... more
AUD FALLS 3 CENTS The AUD traded a wide range last night, trading as high as .6980 on good buying relative to the positive sentiment ... more
AUD BOUNCES OVER 68 CENTS The AUD starts the week firmer, after trading within a range of .6650/.6805 over the weekend. Extremely poor US jobs ... more
AUD STARTS DAY WEAKER AFTER BUSY NIGHT Making headlines last night was the UK,s BOE cutting interest rates by a massive 1.50%, taking them back ... more
AUD FALLS BACK The AUD fell last night as risk aversion returned to the fore. Investors were buying the USD on the back of the ... more
AUD RALLIES STRONGLY Due to technical challenges there is no commentary this morning. Opening Indicative Rates : AUD/USD 0.6972 AUD/GBP 0.4369 AUD/EUR 0.5358 AUD/NZD 1.1430 ... more
AUD STARTS CUP WEEK MODESTLY The AUD held its ground Friday night despite month end selling pressures. The late rally on Wall St provided some ... more
AUD HOLDS ON DESPITE POOR US GDP The AUD had a relatively somber night for a change trading within a .6610 to .6890 range. It ... more
AUD CONTINUES ITS RALLY The US Federal Reserve cut rates by 50 basis points as expected taking USA official interest rates down to 1%. The ... more
AUD JUMPS AS WALL ST SURGES The AUD opens 4 cents higher this morning as Wall St indexes surged almost 11%. The AUD is also ... more
AUD LOWER AGAIN The AUD has fallen again and opens lower despite RBA intervention in the market. The AUD traded a .6010/.6265 over night: it ... more
AUD SMASHED The AUD has had its largest % fall in 25 years on Friday, falling from .6750 early morning, all of the way down ... more
AUD MANAGES TO HOLD ON Another volatile night with wide ranges in equities and currencies. Oil rallied late, which saw energy stocks bought on Wall ... more
AUD MANAGES TO HOLD AMONST THE CARNAGE Just when we thought it was time to loosen our belts, we need to tighten them and strap ... more
AUD GETS SMASHED The little Aussie battler got smashed last night as a flood of buyers ran to the greenback. I know it seems crazy ... more
AUD BREAKS 70 CENTS AS WALL ST JUMPS The AUD has rallied early morning on the back of a strong session on Wall St. News ... more
AUD STARTS WEEK A LITTLE FIRMER The AUD opens slightly firmer this morning after currency markets were a little calmer on Friday night. The local ... more
AUD BOUNCES AROUND It was a volatile night's trading just for a change, with UK and European equities down over 5% and Wall St trading ... more
AUD FREE FALLS AS GLOBAL STOCKS ARE DUMPED The AUD has taken a massive hit this morning falling all of the way down to .6480, ... more
AUD FALTERS OFFSHORE Last night the US Govt. announced that it would also take am equity stake in US banks to the tune of US$250 ... more
AUD HIGHER AS CONFIDENCE RETURNS The AUD opens higher this morning as the markets show signs of confidence returning. UK and European Equities rallied strongly ... more
EARLY RALLY AFTER ANNOUNCEMENTS The AUD has rallied this morning, after the Aust. Government announcement yesterday it would guarantee all deposits and wholesale loans. Further ... more
WHAT HAPPENS NEXT At last it's Friday and it has been an extraordinary week to say the least. Through all of the global rescue packages ... more
FEAR DRIVES DOWN THE AUD Words can now not describe what is taking place in the markets. On Monday morning the AUD was trading at ... more
AUD REMAINS UNDER PRESSURE Its almost getting boring and repetitive now, more equity losses, commodity losses and no end in sight to the credit crisis. ... more
FEAR DRIVES THE MARKETS What a crazy night for the markets. Fear and panic seems to have set in. European equity markets fell between 7-9%. ... more
AUD REMAINS VULBERABLE The rescue package was passed over the weekend as expected. It did little though to calm the markets as the US Employment ... more
AUD DUMPED IN NERVOUS MARKET The AUD was sold aggressively last night, along with EURO, meanwhile the USD surged. Markets are nervous and confidence is ... more
AUD CONTINUES TO SUFFER The AUD is suffering as a result of investors sitting on their hands, lower commodity prices and high expectations now of ... more
AUD EXTENDS ITS LOSSES The AUD suffered further last night, being hurt by risk aversion. The market saw a stack of buying of USD last ... more
IT IS UGLY What can I say except that it is ugly. The vote was NO by 23 votes to the US rescue package. Little ... more
AUD HOLDS ITS RECENT RANGE The AUD had a relatively quiet off shore session over the weekend, trading in a .8250 to .8350 range. This ... more
AUD STABLE AND WAITS FOR RESCUE PACKAGE The AUD has traded more reasonably the last couple of days holding within the .8300 to .8430 range. ... more
AUD STARTS THE DAY A LITTLE SOFTER The AUD starts the day a little softer after a relatively calm night for the markets. It's like ... more
AUD FALLS BACK AMIDST UNCERTAINTY The AUD opens weaker this morning as the market takes a wait and see approach to the US rescue plan. ... more
AUD BOUNCES AS GREENBACK FALLS The AUD has bounced strongly off shore as these crazy times in the markets continue. Questions have arisen as to ... more
AUD SURGES AFTER RESCUE PACKAGE NEWS The AUD has bounced back nicely over the weekend, rising off its lows of .8060 all of the way ... more
AUD OPENS FIRMER AFTER WALL ST RALLY Another wild night; early in the session Wall St was in strife with financial stocks plummeting again. A ... more
AUD SUFFERS AMIDST THE MAYHEM Another wild night, and not a good night for global stocks and the AUD. It is becoming clearer now that ... more
MARKET MADNESS HURTS AUD It certainly was a wild night with swings and round about's the order of play. Early in the night UK stocks ... more
AUD SUCCUMBS TO RISK AVERSION The AUD has been sold heavily this morning and has fallen back below 80 cents. In the aftermath of the ... more
AUD JUMPS A CENT ON US BANK CONCERNS The AUD rallied on Friday night as talks to buy embattled US Investment Bank Lehman Bros. fell ... more
AUD OPENS STRONGER This mornings headline should bring a tear to the eye to those who had given up on seeing the AUD open higher. ... more
AUD FALLS BELOW 80 CENTS AS KIWIS CUT RATES The AUD has fallen below 80 cents this morning after the RBNZ cut their official interest ... more
AUD FALLS AS GLOBAL MARKETS TAILSPIN Another night of turmoil on all markets saw the AUD fall below 80 cents off shore. The AUD traded ... more
AUD REVERSES YESTERDAYS GAINS The AUD has reversed yesterday's gains in the off shore session over night. In late Asian trade yesterday we saw highs ... more
AUD REBOUNDS EARLY MORNING The AUD has bounced up this morning in early trade as the markets open for the week. News over the weekend ... more
AUD PLUMMETS AS MARKETS FLIP It has been carnage on the markets over night. It is not a good news story at all. In fact ... more
AUD CONTINUES WITH WILD SWINGS A bounce back for the Aussie from yesterdays lows after a wild night of trading overseas. The overnight range was ... more
AUD FREE FALLS OFF SHORE The AUD went into free fall last night, as European traders dumped the local unit as far down as .8270. ... more
RBA CUTS RATES BY .25% Official interest rates are now back at 7%. RBA comments are mixed with dovish slant, AUD rallies slightly. The contents ... more
AUD STRUGGLES AHEAD OF RBA The AUD opens this morning with a soft tone to it. It looks to be under pressure as I write ... more
AUD FALLS OFF SHORE The AUD begins the week almost one full cent lower than where it ended on Friday. It was sold down from ... more
AUD STALLS BELOW 87 CENTS The AUD failed in its attempt to break through 87 cents over night, as the greenback rallied strongly. Better than ... more
AUD HOLDS ABOVE THE 85 CENT LEVEL The AUD is hanging on above 85 cents for now. As stated here previously the 85 cent mark ... more
Global Slowdown Hurting Aussie The possibility of a global economic slowdown has plagued the AUD recently, with the Aussie continuing to fall against major currencies. ... more
AUD FAILS TO BOUNCE The Aussie is again softer overnight as commodities prices continued to fall to lower levels. Gold and metal prices dropped amid ... more
AUD TUMBLES NEARLY TWO CENTS The AUD opens this morning almost two cents weaker than where it closed locally on Friday. It fell from a ... more
AUD RALLIES ABOVE 88 CENTS OFF SHORE The AUD has staged a strong rally over night, rising from its lows at .8650 all of the ... more
AUD BOUNCES BACK ABOVE 87 CENTS The AUD managed to rebound back above 87 cents over night from its fall to .8620 late yesterday. A ... more
AUD GIVES UP GAINS The AUD rallied nicely yesterday afternoon and managed a high of .8746, before being sold off in the New York session ... more
AUD OPENS SLIGHTLY FIRMER The AUD starts the week slightly firmer above Friday's local close at the low 86 cent levels. It has failed to ... more
AUD FAILS ON ITS RALLY The AUD managed a rally late Asia, early London trade yesterday, up to the .8790 levels, before aggressive selling New ... more
AUD OPENS HIGHER AT LAST The AUD opens this morning higher for the first time in two weeks. After dropping below 86 cents yesterday afternoon ... more
AUD SELL OFF CONTINUES There still appears to be no short term relief in sight as the AUD continued its sell off yesterday. It found ... more
AUD OPENS WEAKER 1OTH DAY IN A ROW The AUD continues to look vulnerable and it opens this morning weaker for the tenth day in ... more
AUD CONTINUES ITS DRAMATIC SLIDE The AUD has continued its dramatic fall, dropping to its lowest levels for six months. It's off shore range on ... more
AUD HAS BROKEN BELOW 90 CENTS AND FALLING The contents of this report are for information purposes only. It is not intended as a recommendation ... more
AUD SLIDES FURTHER Without sounding like a stuck record the AUD has fallen again. It managed a little rally up to .9130 over night, before ... more
AUD EXTENDS ITS LOSSES The AUD extended its losses over night after briefly making an appearance over 92 cents in early London trade. A stronger ... more
AUD DUMPED AND FALLS BELOW 92 CENTS The AUD has continued to fall aggressively in the last 24 hours after yesterdays RBA news. The RBA ... more
AUD FALLS AFTER RBA NEWS The AUD has fallen further to the low 92 cent region as RBA leaves rates unchanged for now and releases ... more
AUD OPENS LOWER AND AWAITS RBA The AUD was in a holding pattern last night trading a .9290/.9346 range as it awaits today's RBA board ... more
AUD STARTS WEEK LOWER ACROSS THE BOARD The AUD begins the week below 93 cents and lower against all major currencies. A stronger greenback on ... more
AUD REMAINS UNDER THE PUMP The AUD is looking vulnerable this morning and looks to have downside momentum. It briefly dipped below 94 cents over ... more
AUD FALLS TO SIX WEEK LOWS The AUD continued its fall off shore last night, with sellers pushing it down to .9410 at one point. ... more
AUD OPENS ON THE BACK FOOT The AUD opens this morning weaker against a much stronger greenback. The big dollar rallied strongly last night on ... more
AUD HOLDS ON ABOVE 95 BUT FAILS TO REACH 96 The AUD has managed to hold above 95 cents, but has failed to rally back ... more
AUD STARTS WEEK SOFTER The AUD begins the week with a soft tone. Early news this morning of ANZ's provisions for the second half year ... more
AUD BOUNCES FROM OVER NIGHT LOWS The AUD has rebounded after falling to a .9540 low in over night trade. The rot set in yesterday ... more
AUD FALLS TO TWO WEEK LOWS The AUD has fallen to a two week low of 96 cents this morning as financial markets return to ... more
AUD FALLS AS USD CONTINUES ITS REBOUND The AUD has fallen off shore as the greenback continued its comeback from last week. A senior Fed ... more
AUD EDGES HIGHER The AUD has managed to edge higher over night, trading in a tight range of .9745 to .9773. It was a mixed ... more
AUD STARTS WEEK SOFTER AGAINST USD The AUD begins the week with a softer tone against the greenback as markets appear calmer. The greenback was ... more
AUD EXTENDS LOSSES AGAINST USD The AUD has extended its late week losses against a stronger greenback, but has gained against a weaker YEN. The ... more
AUD EASES AS GREENBACK BOUNCES The AUD has eased one full cent in the last 24 hours to be back within a .9720/.9780 range. A ... more
AUD CONTINUES ITS SURGE The AUD has continued its surge last night reaching a new high of .9850, before falling rapidly back below 98 cents. ... more
NEW DEALER STARTS Good afternoon to you all. I just wanted to advise you that Clayde Fortune has started with us as junior dealer. He ... more
AUD CONTINUES ITS SURGE The AUD has continued its surge last night reaching a new high of .9850, before falling rapidly back below 98 cents. ... more
AUD OPENS AT 97 CENTS AMIDST VOLATILITY The AUD rallied strongly again last night, reaching a high of .9737, amidst the volatility in global markets. ... more
AUD SURGES AS GREENBACK PLUMMETS The AUD reached 25 year highs in off shore trade on Friday night as the greenback fell across the board. ... more
AUD BACK IN TOWN The AUD is back in town this morning and opens up over 96 cents. It took off after yesterday's surprisingly strong ... more
AUD NOT DONE WITH YET The AUD has held up well, after a major test of key support levels .9490/9500 in the last 24 hours. ... more
AUD HOLDS ABOVE 95 CENTS The AUD held up well after a test of key support of .9500/.9510 in early London trade. It managed to ... more
AUD FALLS TO ONE WEEK LOWS The AUD has retreated some what over the last 24 hours, as renewed credit concerns hit the US equity ... more
AUD STARTS WEEK OVER 96 CENTS The AUD has held on to its late week gains and opens this morning at .9620. Trade was light ... more
AUD HIGHER ON CROSS RATES AFTER ECB MOVE The AUD opens softer against a stronger greenback this morning, but higher against most other currencies. The ... more
AUD RALLIES BACK OVER 96 CENTS Yesterday's retail sales numbers surprised the market and aided the AUD pushing it back over 96 cents. Retail Sales ... more
AUD HOLDS AND AWAITS RETAIL SALES DATA The AUD came under pressure late yesterday and into the evening session after the RBA's statement surprised the ... more
AUD RETREATS FROM 25 YEAR HIGH The AUD traded at a 25 year high last night of .9668. This is the highest it has ever ... more
AUD OPENS AT 96 CENTS The AUD has held up well against the greenback, and opens at .96 cents this morning. It is weaker though ... more
AUD RETREATS AFTER UGLY NIGHT What a difference a day makes. Just when you think the AUD is sitting pretty and ready to travel onwards ... more
AUD EDGES HIGHER AS FED STANDS STILL The AUD has edged towards 96 cents as the US Federal Reserve has left US interest rates on ... more
AUD BOUNCES ON WEAK US DATA The AUD rallied higher last night after further dissapointing US economic data weakened the greenback. This time the Consumer ... more
AUD RETREATS FROM TWO WEEK HIGH'S The AUD opens this morning off its highs from yesterdays session. It was a pretty flat session off shore ... more
AUD STARTS WEEK OVER 95 CENTS The AUD carried on with last weeks rally on Friday night, trading as high as .9567 at one point ... more
AUD EXTENDS GAINS The AUD has extended its gains for the fifth day in a row, trading over 95 cents off shore last night. It ... more
AUD MOVES BACK TOWARDS 95 CENTS Inch by inch the AUD is creeping back towards 95 cents. Last night it traded a range of .9403 ... more
AUD RALLYS IN A TIGHT RANGE The AUD managed a small rally off shore last night trading up to the .9440/50 levels. Traders seem reluctant ... more
AUD OPENS FIRMER AMIDST MARKET VOLATILITY The AUD traded a tight range off shore of .9380 to .9425, amidst wild price action on crude oil ... more
AUD STARTS WEEK BELOW 94 CENTS The AUD traded relatively quietly over the weekend, trading the range of .9335 to .9415. It has bounced off ... more
AUD FALLS TO NEW RANGE As we all now know the AUD fell quickly after yesterdays surprisingly weak employment numbers. It was the first negative ... more
May Employment came in at -19,700 against an expected +13.5k. Unemployment rate increased to 4.3% from 4.2% The AUD/USD droped sharply after, dipping to a ... more
AUD AWAITS TODAY'S EMPLOYMENT NUMBERS The AUD has had a relatively quiet night trading a tight range below 95 cents. It found good support yesterday ... more
AUD FALLS TO ONE MONTH LOW The AUD has fallen to a four week low off shore as the markets turn their focus to inflation ... more
AUD FALLS BELOW 95 CENTS It has been a wild weekend as far as the markets are concerned, with Oil surging on Friday night, Wall ... more
AUD OPENS HIGHER AFTER ECB NEWS The AUD traded higher off shore last night on the back of a major rally in the EURO. The ... more
AUD OPENS HIGHER The AUD bounced after yesterdays GDP data and traded back over 96 cents off shore before retreating. Yesterdays GDP release surprised the ... more
AUD FALLS AFTER FED CHAIRMAN'S SPEECH The greenback has strengthened across the board after Fed Chairman Ben Bernanke unexpectedly spoke last night. He stated that ... more
AUD BOUNCES BACK The AUD found good support at the low 95 cent levels in London trade last night and opens this morning in the ... more
AUD STARTS WEEK WITH A SOFT TONE It's the start of a new week and month for the markets, and we see the AUD looking ... more
AUD FALLS HALF A CENT The AUD has fallen off shore over night to open this morning in the mid 95 cent region. A stronger ... more
AUD BOUNCES BACK The AUD performed well last night, bouncing higher back over 96 cents and reaching a six month high against the YEN. The ... more
AUD FALLS BELOW 96 CENTS The AUD opens slightly weaker this morning, falling below US 96 cents after reaching an off shore high of .9635. ... more
AUD HOLDS AROUND 96 The AUD traded a quiet range yesterday and off shore last night with UK and USA markets closed. The local unit ... more
AUD STARTS THE WEEK FIRM The AUD opens this morning where it finished off at the end of last week. It did manage to rally ... more
AUD TAKES A BREATHER The AUD opens this morning almost one full cent off its highs of the last couple of days. A greenback rally ... more
AUD OPENS OVER 96 CENTS AFTER VOLATILE NIGHT The AUD opens this morning over 96 cents, trading as high as .9653 for a brief moment ... more
AUD RETREATS FOR NOW The AUD took off late yesterday afternoon once the market absorbed the RBA minutes. Can you believe they seriously considered increasing ... more
AUD HOLDS GAINS ABOVE 95 CENTS The AUD has held on to its gains in relatively quiet over night trade. The positive for the AUD ... more
AUD FLYS TO 24 YEAR HIGH The AUD rallied strongly off shore on Friday night after the release of extremely weak US Consumer Confidence data. ... more
AUD Strengthens Good morning, the AUD has opened stronger this morning following poor manufacturing data in the US. The manufacturing data released in the US ... more
AUD Weaker Good morning, the AUD has opened the session weaker following a rebound in USD. USD rallied overnight following positive consumer price data easing ... more
AUD Opens Weaker Good morning, the AUD has opened the session weaker this morning following strength in the greenback overnight. USD gained following stronger than ... more
AUD GAINS BACK RECENT LOSSES The AUD rallied strongly off shore last night as global equity markets bounced as concerns ease on the credit fallout ... more
AUD STARTS WEEK LOWER The AUD ran in to plenty of selling pressure on Friday night as we saw a new bout of selling due ... more
AUD REBOUNDS OFF SHORE After a wild day yesterday the AUD was well supported off shore and rallied as high as .9455. Early yesterday the ... more
AUD FALLS FROM IT'S TWO WEEK HIGHS The AUD has fallen from its two week highs and continues to fall as I write this morning. ... more
AUD SURGES TO 95 CENTS The AUD rallied strongly off shore last night, as the greenback weakened, commodities continued to rally and oil prices surged. ... more
AUD JUMPS AHEAD OF TODAY'S RBA MEETING The AUD continued its late afternoon rally offshore last night, trading as high as .9469 at one point. ... more
AUD REBOUNDS ON FRIDAY NIGHT The AUD starts the week back in the mid 93 cent region against the greenback and over 98 against the ... more
AUD Drops Below 0.9400 US Cents Good morning, the AUD has opened the session weaker following the release of positive data in the US ahead ... more
AUD Stronger Good morning, the AUD has opened stronger this morning following the US Federal Reserve Rate announcement last night. As expected the Federal Reserve ... more
AUD Weaker Good morning, the AUD has opened the session weaker this morning following the release of the quarterly NAB Business Survey yesterday. The negative ... more
AUD Stable Good morning, the AUD remains stable following last nights subdued trading period across all currency markets. AUD managed to break the .9400 level, ... more
AUD OPENS WEAKER The AUD has taken a tumble over our Anzac long weekend. The range over the break was .9290 - .9475. The high ... more
AUD RETREATS FROM ITS 24 YEAR HIGH The AUD surged late yesterday and continued off shore to trade at a 24 year high of .9540, ... more
AUD ROCKETS TO SIX WEEK HIGH The local unit continued its recent rally off shore, trading as high as .9470, before settling. The AUD has ... more
AUSSIE RACES BACK OVER 94 CENTS The AUD went crazy late yesterday afternoon as London traders came in to the market. The AUD was well ... more
AUD OPENS WITHIN RECENT RANGE The AUD had quite a volatile evening on Friday in the off shore session. The local unit was sold heavily ... more
AUD HOLDS GAINS The AUD has held on to its recent gains in quiet off shore trade over night. It traded within a .9340/.9390 range. ... more
AUD BOUNCES UP ONE CENT The AUD has taken off so to speak in off shore trade and looks well bid in the mid 93 ... more
AUD RANGE TRADES The AUD is trading relatively quietly this week. In off shore trade last night it traded within a .9230-.9305 range. For now ... more
AUD HOLDS ABOVE 92 The AUD bounced off its lows of .9205 late yesterday to trade back up to the mid 92 cent levels off ... more
AUD STARTS WEEK LOWER The AUD was sold off on Friday night from its highs of .9345 down to 9230. General greenback strength and global ... more
AUD CONSOLIDATES THIS WEEKS GAINS The AUD has managed to hang on to its recent gains over the last couple of days trading sessions. Yesterday's ... more
AUD RUNS OUT OF STEAM The AUD appears to have run out of puff after its five day rally. In offshore trade last night every ... more
AUD BOUNCES BACK OVER 93 US CENTS The AUD appears to be back in favour with a strong rally in offshore trade up to .9320. ... more
AUD CONTINUES ITS RECENT RALLY The AUD has carried on with its recent rally in overnight trade, trading up to as high as .9284 at ... more
AUD REBOUNDS TO US 92 CENTS The AUD rebounded nicely on Friday night after the release of US employment data. There were 80,000 jobs lost ... more
AUD HOLDS ABOVE 91 IN LIGHT SESSION The AUD has held on to its recent gains above 91 cents in quiet off shore trade over ... more
AUD OPENS BACK OVER 91 The AUD has rallied half a cent in offshore trade to open this morning at .9135. A softer greenback and ... more
AUD FALLS BELOW 91 CENTS The AUD was sold off yesterday afternoon after the release of the RBA news. Governor Stevens mentioned that demand was ... more
AUD CONTINUES TO DRIFT LOWER Good morning, the local unit continued to drift lower in thin overnight trade. It traded as high as .9180 before ... more
Dear Valued Client Currencies Direct is pleased to advise that it now has new banking account details for settlement of all transactions. Effective today please ... more
AUSSIE STARTS WEEK SOFTER Good morning, the AUD opens this morning almost one cent lower than where it closed on Friday. It was sold down ... more
AUD Weaker Good morning, the AUD has opened weaker this morning as USD gained despite mixed news. In overnight trade the AUD traded to lows ... more
AUD opens stronger Good morning, the AUD has opened stronger this morning. In overnight trade AUD traded to highs of 0.9242 a level that was ... more
AUD Stronger Good morning, the AUD has opened stronger this morning following a slide in the greenback and stronger commodity prices. Overnight AUD traded to ... more
AUD Tumbles Good morning, the AUD has taken a tumble losing 1.5 US cents over thursday nights trading session. There was a return of risk ... more
AUD Down 1 US Cent Good morning, AUD has taken taken a hit losing 1 US cent from yesterdays close. The AUD traded overnight at ... more
US FED CUTS RATES Good Morning, we have seen a major bounce in US equities and the greenback over night, as the US Federal Reserve ... more
AUD Remains Weak Good morning, the AUD has remained weak following yesterdays tumble of 2 US cents. AUD was hit with a combination of risk ... more
Good afternoon. To keep you all informed. The AUD has taken a major tumble in the last hour Risk Aversion has seen it fall to ... more
AUD SOLD AS RISK AVERSION RETURNS Good Morning, We open the week with the familiar themes of recent weeks still haunting the markets. Last weeks ... more
AUD Gains 1 US Cent Good morning, the AUD has opened higher gaining 1 US cent overnight. The AUD was boosted by weakness in the ... more
AUD HOLDS YESTERDAYS GAINS Good morning, the AUD held its ground during last nights trade. There was considerable movement as the USD lost further ground ... more
AUD BOUNCES BACK The AUD has opened stronger this morning gaining over a cent following yesterdays close. The AUD strengthened following an announcement by the ... more
AUD SLIDES TO THREE WEEK LOWS Good Morning. The AUD has fallen almost two cents since trading around 93 cents for most of yesterday. The ... more
AUD PLUMMETS AS RISK AVERSION RETURNS Good Morning, we have seen the AUD fall in early morning trade as some investors lost confidence in the ... more
AUD OPENS HIGHER Good Morning, The AUD opens higher this morning, back over 93 cents, after trading yesterday around the mid 92 cent levels. Record ... more
AUD OPENS WEAKER Good Morning, the AUD certainly took a tumble yesterday after the RBA news, and it continued its fall to .9218 in offshore ... more
RBA TO GO BACK TO BACK? Good Morning, well the market is certainly favouring another hike this month of .25% to take Australian cash rates ... more
RISK AVERSION HALTS AUD RALLY Good Morning, the AUD tumbled almost two cents on Friday night as risk aversion returned to the fold. Investors abandoned ... more
AUD CONTINUES ITS SURGE Good morning, the themes of the past few days continued last night. Weak US economic data, a plunging greenback, the US ... more
AUD SURGES OFFSHORE Good morning, traders bid the AUD all the way up to a new 24 year high last night; at one point trading ... more
AUD HITS NEW 3 MONTH HIGH Good Morning, the AUD has continued on over night, trading as high as .9340 at one point. Further weak ... more
AUSSIE IS LOOKING GOOD Good morning, the AUD is looking good this morning, holding all of its recent gains and finding good support above 92 ... more
AUD STARTS WEEK OVER 92 CENTS Good Morning, the AUD starts the week higher, after trading as high as .9250 on Friday night. A late ... more
AUD REMAINS STEADY The AUD held its ground overnight despite dwindling market optimism. The USD was weaker overnight following a string of data reflecting a ... more
AUD TRADES A WIDE RANGE Good morning, the AUD has had a bit of a wild ride in the last 24 hours. After the release ... more
AUD RETREATS FROM 92 CENTS Good Morning, The release yesterday of the RBA board meeting minutes, supported the AUD, seeing it rally as high as ... more
AUD HOLDS GAINS IN QUIET OVERNIGHT SESSION Good Morning, the AUD rallied nicely yesterday afternoon and has held its gains in a quiet overnight session. ... more
AUD STARTS THE WEEK HIGHER Good Morning, the AUD held all of its gains late last week and starts the week in the mid 90 ... more
AUD LACKS MOMENTUM Good morning, the AUD rallied nicely after yesterday's record Unemployment news. The national Unemployment figure now sits at 4.1%, further evidence that ... more
Seasonally adjusted jobs increased by 26800 in January National Unempoyment falls to a record low of 4.1% The AUD has rallied on the news touching ... more
AUSSIE GETS THE JITTERS ON VALENTINES DAY The AUD tumbled as risk aversion returned and continued to haunt the market. During London trading the AUD ... more
AUD CONSOLIDATES GAINS Good morning, the AUD is doing well holding on to its gains over 90 cents. Last night it traded as high as ... more
AUD HOLDS GAINS OVER 90 The AUD rallied nicely yesterday afternoon, and continued on over night, trading as high as .9055, before settling. It became ... more
AUD AWAITS RBA RELEASE Good morning, the AUD traded quietly over the weekend and opens where we finished on Friday at .8950. The local unit ... more
AUD HIGHER AGAINST ALL CROSS RATES Good Morning. We have seen quite a bit of action over night after the widely anticipated European ECB and ... more
AUD IS STEADY The AUD has opened steady, holding to the levels seen during yesterdays trading session following volatile trade overnight. The AUD was tested ... more
AUD FALLS AS RISK AVERSION RETURNS Good Morning. As you would have seen the RBA increased interest rates yesterday by 25 basis points to take ... more
Market Commentary body { margin: 0px; padding: 0px; color: #606060; font-family: Arial, Helvetica, sans-serif; } h1 { display: none; } h2 { color: #ff7300; font-size: ... more
Market Commentary body { margin: 0px; padding: 0px; color: #606060; font-family: Arial, Helvetica, sans-serif; } h1 { display: none; } h2 { color: #ff7300; font-size: ... more