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Reserve Bank of Australia Raises Interest Rates, Remains Hawkish; Employment Reports Up Next
Wednesday, 08 August 2007 21:29:46 GMT
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- Friday, 16 October 2009 23:37:26 GMT Canadian Dollar May Come Under Pressure Ahead of BOC Decision
- Monday, 12 October 2009 20:08:13 GMT Canadian Dollar Dominates as Economy Adds on 36,000 Jobs and Unemployment Rate Falls to 8.4%
- Friday, 09 October 2009 20:38:28 GMT Canadian Dollar Direction To Come From Inflation Data
- Thursday, 08 October 2009 23:32:34 GMT Canadian Dollar has a Busy Day Ahead of it with Employment, Trade and Business Activity Data
- Tuesday, 06 October 2009 18:37:28 GMT US Dollar Canadian Dollar Exchange Rate Forecast
- Saturday, 03 October 2009 02:38:09 GMT Canadian Dollar Confronts its Own Employment Change Data
- Friday, 25 September 2009 21:42:35 GMT Canadian Dollar To Hold Range as Investors Weigh Outlook For Policy
- Monday, 21 September 2009 20:54:27 GMT Canadian Dollar Drops Further - Canadian Retail Sales Could Provide a Fundamental Boost
- Friday, 18 September 2009 22:05:33 GMT Canadian Dollar Risks Decline on Crude Oil Price Pullback
- Wednesday, 16 September 2009 19:39:28 GMT Canadian Dollar Gains with Commodities - CPI Report Presents Risks for USDCAD
- Monday, 14 September 2009 19:11:42 GMT Canadian Dollar Down as Capacity Utilization Falls to Record Low
- Friday, 11 September 2009 21:22:07 GMT Canadian Dollar May Lose Ground as Productivity, Price Pressures Falter
- Saturday, 05 September 2009 01:26:03 GMT Canadian Dollar Volatility Ahead on Rate Decision, Risk Trends
- Friday, 04 September 2009 18:49:50 GMT Commodity Dollars Lead the Way as Canadian Economy Unexpectedly Adds Jobs, Carry Trades Surge
- Friday, 04 September 2009 00:39:13 GMT Canadian Dollar will respond to Friday's NFPs and its Own Employment Data
- Wednesday, 02 September 2009 20:49:12 GMT US Dollar Canadian Dollar Exchange Rate Forecast
- Monday, 31 August 2009 18:48:36 GMT Canadian Dollar Weakest of the Majors as Q2 GDP Drops 3.4%
- Friday, 28 August 2009 22:00:03 GMT Canadian Dollar Appears Range Bound As GDP and Unemployment Offset
- Friday, 28 August 2009 21:31:07 GMT Canadian Dollar the Weakest of the Majors Ahead of Mondayâs Q2 GDP Report
- Monday, 24 August 2009 21:47:35 GMT Canadian Dollar Gains on Surprisingly Strong Retail Sales
The Australian dollar rallied today on the combination of US dollar weakness and hawkish comments from the Reserve Bank of Australia. The central bank raised interest rates to 6.50 percent last night, which was widely expected but their degree of hawkishness hinted at the possibility of another rate hike by the end of the year.
This helped to rally both the Australian and New Zealand dollars. Employment reports are expected from both countries tonight; the labor market should continue to remain tight. The Canadian dollar also strengthened on the back of US dollar weakness. They have housing market reports due out tomorrow.
<Written By: Kathy Lien, Chief
Strategist>
More Articles
- Canadian Dollar May Come Under Pressure Ahead of BOC Decision
- Canadian Dollar Dominates as Economy Adds on 36,000 Jobs and Unemployment Rate Falls to 8.4%
- Canadian Dollar Direction To Come From Inflation Data
- Canadian Dollar has a Busy Day Ahead of it with Employment, Trade and Business Activity Data
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