The dollars of the South Pacific slumped against the majority of their top rivals on Thursday, tugged down by persistent concerns about what the central bank of the U.S. will do regarding its economy-spurring measures, Bloomberg reports.
The Australian dollar on Wednesday lifted from near its three-year lows against the U.S. dollar, reversing three consecutive trading sessions of losses against its cross-Pacific rival, Bloomberg reports.
Underwhelming economic data about the housing market pulled down the Australian dollar on Tuesday against the world’s reserve currency as the Aussie dropped near its three-year low against the dollar, Bloomberg reports.
The Japanese yen climbed in value on Tuesday against its major rivals after the Bank of Japan decided against continuing on with its aggressive monetary easing policies that the institution has implemented since December of last year, Bloomberg reports.
The world’s reserve currency surged higher in value on Monday against the currency of Japan, benefiting from Standard & Poor’s upgrading the credit outlook of the U.S., Reuters reports.
The Australian dollar on Friday slipped against the U.S. dollar as its top partner for trade and commerce prepares to release what is expected to be weak economic data, Bloomberg reports.
The Australian dollar on Thursday lost value against the U.S. dollar, slumping to its trough of nearly 24 months against the world’s reserve currency, Bloomberg reports.
The common currency of the European Union advanced to its four-week highs against the world’s reserve currency as the European Central Bank convenes its monthly meeting, Bloomberg reports.
The reduced pace of development and growth in Australia pulled down the value of the nation’s monetary unit on Wednesday, Bloomberg reports.
The monetary unit of Australia advanced on Monday on foreign exchange markets amid economic data noting China’s economic hiccups appear to be slowing, according to Bloomberg.