aussie

The Reserve Bank of Australia (RBA) left official interest rates at the historical low of 0.25% on its monthly meeting on Tuesday. RBA governor Philip Lowe said, "Uncertainty about the health situation and the future strength of the economy is making many households and businesses cautious, and...

Aussie dollar may not have bottomed yet as production capacity in China remains low China’s economy has been running at just 40-50% capacity in the last weeks, with large variations across sectors. This may continue to weigh on the Aussie dollar, one of the proxies to gauge the Chinese...

As uncertainties continue to weigh on global economy, short Aussie at rally. Aussie drops as global economy under pressure Many businesses across China are set to remain closed on Monday, despite the government’s efforts to restart the world’s second-largest economy following the deadly...

The Australian stock market is modestly higher on Thursday after strong employment data. The unemployment rate falls 0.1% to 5.2%, with 39,900 new jobs created during November. In meanwhile, New Zealand’s GDP growth beat expectations in the third quarter. The economy expanded 0.7%...