http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/22/02/Australian Dollar: A measure of Australian consumer confidence fell sharply in May figures yesterday revealed. Despite interest rates being cut to their lowest ever level earlier this month the survey showed households had reacted negatively to the government’s most recent budget announcement. Having started the day up above the 98 US Cents handle the Australian dollar fell and fell hard following comments made by US Federal Reserve Chairman Ben Bernanke during his Q&A session overnight.Wed, 22 May 2013 23:44:53 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/22/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/22/Australian Dollar: After initially drifting lower yesterday the Australian dollar rebounded in afternoon trade following the release of minutes from the Reserve Bank’s most recent meeting. Having cut the underlying benchmark rate from 3 per cent down to 2.75 per cent no indication was given towards the timing of future cuts which was viewed in a positive light by investors. Whilst the easing bias is set to continue from a Monetary Policy stance policy makers were keen to point out thatWed, 22 May 2013 01:55:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/22/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/21/Australian Dollar: During Asian trade yesterday the Aussie managed to stabilise off recent lows and move back up towards 0.98 against its US counterpart. After solid gains seen in the back end of last week the Greenback lost ground overnight, in part due to consolidative moves and also due to more comments from members of the Fed; this time indicating current bond buying won’t be wound back earlier than initially forecast. This morning we managed to recapture 0.98, and now sit just above it,Tue, 21 May 2013 02:02:47 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/21/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/19/Australian Dollar: The story for most of last week was the Aussies continued weakness against a strengthening Greenback as our move below parity was extended pushing us close to 0.9715 on Friday night. Some better than expected US data saw us break to near 11 month lows against the Greenback despite finding support around 0.9730 during Asian trade on Friday. It was a mostly quiet day for us locally on Friday with very little data to offer direction, but weakness set up earlier in the week inSun, 19 May 2013 23:44:32 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/19/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/17/Australian Dollar: The Australian dollar has been hit by another fresh wave of selling over the past 24 hours as investors continue to flock towards the Greenback. Providing clear evidence that large hedge funds are moving away from the higher yielding asset volatility across currency markets has been relatively small in comparison to the large swings witnessed in the AUD which has now dropped by 5 percent this month. Tumbling to a low of 0.9798 in offshore trade such levels have not been seenFri, 17 May 2013 01:57:37 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/17/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/16/Australian Dollar: In what has been a tumultuous two week period for the Australian dollar a surge in the US dollar has allowed the higher yielding asset to drop by close to 5 percent against the Greenback since the start of May. With the premium Australia’s bonds offer over US debt shrinking to their smallest level in a year the allure of the Australian dollar has diminished as investors continue to reallocate funds in search of better returns. Despite the downward trend which remains intactThu, 16 May 2013 00:24:12 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/16/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/15/Australian Dollar: Despite enjoying a brief stint back above parity yesterday the Australian dollar has fallen for a seventh consecutive day overnight, close to the longest losing streak witnessed since August 2011. Tumbling to its lowest point seen in over 11 months, speculation has continued to mount that the RBA will cut borrowing costs again in an attempt to support the economy. In a statement which accompanied the federal budget release yesterday growth expectations have now been factoredWed, 15 May 2013 03:18:23 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/15/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/14/Australian Dollar: The Australian dollar has consolidated its recent losses in the early parts of this week having spent much of the past 24 hours below parity when valued against its US Counterpart. Trading between a range of 0.9939 – 1.0014 disappointing Industrial Production figures released from China yesterday afternoon have done little to silence investors who continue to argue that China’s economy is slowing and that perhaps Australia’s economy will not receive the added benefits as aTue, 14 May 2013 01:59:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/14/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/12/Australian Dollar: Ending a nine-month stint in which the Australian dollar traded above parity against its US Counterpart, the higher yielding asset tumbled to a low of 0.9961 during the New York Session overnight Friday, its lowest level in close to a year. Capping off a wild week for the Australian dollar which last Monday opened at a rate above 1.03 it’s been the broader surge in the US dollar which has caused the majority of the damage. Despite an upward surge on Thursday following theSun, 12 May 2013 23:58:21 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/12/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/09/02/Australian Dollar: It has been a roller coaster ride for the Aussie over the past 24 hours, which saw it initially move higher on the back of strong local employment data before a sharp rally in the greenback last night saw us give up those gains and then some, to trade at close to 11 month lows. Yesterday, during Asian trade, the Aussie recovered off post-RBA lows after our employment data came in much better than expected. Forecasters were looking for a gain of around 11k for the month butThu, 09 May 2013 23:34:36 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/09/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/09/Australian Dollar: After again looking vulnerable around 1.0160 yesterday the Aussie gained early on the back of better than expected Chinese trade balance data which showed gains in both exports and imports while a providing a larger surplus than forecast. Imports gained by 16.8%, compared to expectations of a 13% gain, while exports also rose by 14.7%, these combined saw trade surplus print at $18.16b, all of which provide positive signs for the Chinese economy and our exports as well (ifThu, 09 May 2013 00:31:37 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/09/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/08/Australian Dollar: Whichever way the RBA went yesterday it was always going to catch approximately half the market off guard, with most analysts and economists split. In the end those that called for a cut found themselves positioned correctly as the Aussie initially fell from 1.0240 to the support of 1.0180. In the accompanying statement to the 0.25% cut, the RBA made particular mention to lower inflation and the detrimental effects the unusually high dollar has been having on certain sectorsWed, 08 May 2013 00:40:10 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/08/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/06/02/Australian Dollar: After opening yesterday looking strong above 1.03, the Aussie took a fall after the local retail sales number disappointed, initially sending us back to the minor support at 1.0280. The retail sales figure showed a fall of 0.4% in March after rising 1.3% in February. This was lower than the expected 0.1% gain and convinced some of the fence sitters that the RBA will make a move to cut today. This has been one of the most anticipated RBA announcements this year, as economistsMon, 06 May 2013 23:12:04 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/06/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/06/Australian Dollar: The Aussie experienced a bit of a roller coaster ride last week, trading up around 1.0380 early in the week before disappointing Chinese and US manufacturing numbers sent commodities and the Aussie lower, eventually bottoming out around 1.0225 on Thursday. On Friday the slow move back up began before much better than expected US employment numbers increased risk appetite and saw us move up to around the middle of last week’s range to trade at 1.0305 at this morning’s open.Mon, 06 May 2013 00:50:12 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/06/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/02/Australian Dollar: The Australian dollar dropped to its lowest level in over a week against the Greenback yesterday following the release of building approval figures which missed forecast. Tumbling to an intraday low 1.0220 Australian building approvals fell to their lowest level in seven months in March with the construction of new homes falling by staggering 5.5 percent. Whilst the Australian dollar has managed to bounce off key support levels around the 1.02 mark a report this eveningThu, 02 May 2013 23:26:25 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/01/Australian Dollar: We find the Aussie significantly lower this morning following some poor economic data and a sharp fall in commodities overnight. Yesterday, during Asian trade, the Aussie began its move south after China manufacturing PMI came in lower than expected at 50.6, furthering recent concerns about the Chinese economy after last month’s HSBC flash PMI also disappointed. The initial reaction wasn’t terribly negative and we held above 1.0370, but as the day dragged on, the Aussie wasWed, 01 May 2013 23:55:34 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/05/01/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/30/02/Australian Dollar: With China remaining on an extended holiday yesterday moves across foreign exchange markets were limited. Whilst global equities continued their advance there was some upside for the Australian dollar which topped out at an eventual high of 1.0384 against the Greenback, around 30 bases above opening levels. Given hints of further US dollar weakness overnight triggered by US business activity which shrank for the first time in more than three years, a softer Greenback hasTue, 30 Apr 2013 23:21:06 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/30/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/30/Australian Dollar: Given public holidays in both Japan and China yesterday, liquidity was down across the board with generally thin conditions greeting the market to start the week. Well supported by a weaker US Dollar Australia’s currency has been given a boost as recent signs of weak US growth having raised expectations that the US Federal Reserve will continue to buy 85 billion worth of bonds each month. Boosting demand for riskier assets investors seeking higher returns have jumped on theTue, 30 Apr 2013 01:50:03 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/30/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/29/Australian Dollar: Having look set to end the week on a positive note the Australian dollar managed to keep its head above the 1.03 mark for much of Friday’s session with investors keen to pressure weekly highs just short of the 1.0350 handle. Despite its strong early efforts the Australian dollar was broadly sold overnight after a report showed US gross domestic product increased less than forecast in the first quarter. Dampening demand for riskier backed assets such data flows do suggestMon, 29 Apr 2013 01:32:40 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/29/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/25/Australian Dollar: The Australian dollar appreciated against its US Counterpart during the Asian session yesterday comfortably surpassing resistance levels up above the 1.03 mark. Touching highs of 1.0338 the move higher was a relatively short-lived one however, highlighting the reluctance of investors to buy the higher yielding asset in such an inconsistent environment. Despite US Jobs data overnight which helped propel Wall Street, strong corporate earnings did little help the cause of theThu, 25 Apr 2013 23:39:32 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/25/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/24/02/Australian Dollar: Australian core consumer prices rose less than forecast last quarter, figures yesterday revealed. With CPI in the first quarter rising by 0.4 percent against a forecasted reading of 0.5, the softer gains have to some extent further fuelled suggestions that the RBA now has more room to cut interest rates. Whilst a downward revision in May remains unlikely from the RBA the easing cycle appears still intact. Dropping around half a cent following the announcement, investors haveWed, 24 Apr 2013 23:20:18 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/24/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/24/Australian Dollar: The Australian dollar fell by half a US Cent intraday yesterday after figures showed Manufacturing Activity slowed in China during April. Dropping from an opening level of 1.0274 against the Greenback down to an eventual low of 1.0220 the PMI reading of 50.5 came in well below the forecasted figure of 51.4. Highlighting the cautious approach now being adopted following signs of weaker growth in the world’s second largest economy initial support has now been established closeWed, 24 Apr 2013 00:16:29 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/24/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/23/Australian Dollar: Investors have continued to steer clear of the Australian dollar in the early parts of this week that is despite the fact the S&P 500 has rebounded from its largest weekly drop in five months amid a rally in commodity prices. Tumbling to overnight lows of 1.0234 a weak economic reading also from the US in the form of existing home sales did little to help the cause of Australia’s currency. Likely to be the focus of investors this morning traders will be keeping a closeTue, 23 Apr 2013 00:32:17 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/23/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/21/Australian Dollar: The Australian dollar ended last week more than a full cent lower when compared against the Greenback as worries over global growth saw a shift away from the higher yielding asset. Stopping just short of the five-week low of 1.0268 witnessed earlier in the week, the currency whose direction is so greatly influenced by economic indicators in China never really recovered after GDP figures left investors disappointed on Monday. In what was an overall sluggish end to the weekSun, 21 Apr 2013 23:57:12 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/21/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/18/Australian Dollar: Like most currencies the Aussie has been held within a relatively tight range over the past 24 hours with minor support and resistance found at 1.0280 and 1.0330 respectively. Early in our session yesterday we saw a sharp drop in the Aussie against the Yen after Japan’s trade deficit narrowed to -362.4B Yen, sending AUD/JPY down to 100.50 and in turn pulling AUD/USD just below the minor support of 1.0280. It didn’t stay here for long however, as NAB business confidenceThu, 18 Apr 2013 23:47:55 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/18/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/17/Australian Dollar: While the moves close to 1.06 last week now appear to have been overdone, the correction to 1.03 yesterday also appears to have been a bit aggressive, as we now find ourselves trading around 1.0385. Most other indices are also up, with gold recovering a tad and US equities having solid performances on the back of better than expected corporate earnings. Locally yesterday we had the RBA minutes which continued recent themes of ‘inflation providing scope for easing’, whileWed, 17 Apr 2013 22:50:57 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/17/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/16/Australian Dollar: While the moves close to 1.06 last week now appear to have been overdone, the correction to 1.03 yesterday also appears to have been a bit aggressive, as we now find ourselves trading around 1.0385. Most other indices are also up, with gold recovering a tad and US equities having solid performances on the back of better than expected corporate earnings. Locally yesterday we had the RBA minutes which continued recent themes of ‘inflation providing scope for easing’, whileTue, 16 Apr 2013 23:04:06 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/16/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/15/Australian Dollar: After a solid run up towards the end of the last week, Friday saw the Aussie fail to move any higher as momentum could not be maintained and funds slipped back away from the higher yielders. Concerns over the developments in North Korea and a finance ministers meeting in Europe were enough to see investors retreating back towards JPY and USD. Prior to this the Aussie looked to be heading towards the key 1.06 figure, but is now sitting back around 1.05, which is where it alsoMon, 15 Apr 2013 22:44:56 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/15/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/14/Australian Dollar: It has been a busy 24-hours for the Aussie after hitting an 11-week high around 1.0550 the previous session. The currency took a 50-point tumble on Thursday down to an Asian-session low of US105 cents immediately after the release of weaker-than-expected local jobs data. The unemployment rate jumped to a three-and-a-half year peak of 5.6 per cent in March surprising some in the market. While the soft data came on the back of quite strong growth in jobs the previous month, itSun, 14 Apr 2013 22:43:21 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/14/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/11/Australian Dollar: Pointing towards increased demand for Australian resources, China’s trade balance figures released yesterday revealed imports from Australia were at their highest level in eight months in March, climbing a staggering 18.4 percent from a year earlier. Triggering a move higher for the Australian dollar, the positive reading was enough to push the higher yielding asset close to a three month high of 1.0551 when compared against the Greenback. With well worn resistance levels ofThu, 11 Apr 2013 00:03:52 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/11/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/09/Australian Dollar: The Australian dollar initially rallied against the Greenback yesterday after China’s Consumer Price Index came in below expectation reducing the pressure on Policy Makers to tighten monetary policy in response. Trading as high as 1.0440 intraday, the ongoing spending habits of China are set to greatly influence demand for the higher yielding asset considering the world’s second largest economy remains Australia’s largest two-way trading partner.  Continuing its solidTue, 09 Apr 2013 23:22:25 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/09/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/08/02/Australian Dollar: Whilst a survey yesterday showed the total number of job advertisements declined by 1.5 percent in March the Australian dollar consolidated its losses from over the weekend trading close to its opening level of 1.0370 for much of the intraday session. Given the Australian dollar has made several attempts at the 1.05 mark over the past week it now appears destined to once again trade within the familiar range of 1.0350 -1.0450. In a relatively quiet session overnightMon, 08 Apr 2013 23:31:59 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/08/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/08/Australian Dollar:                     Despite a handful of positive data releases locally last week including strong building approvals, accelerated retail growth and improved trade figures it’s been the sharp fall in the value of the Japanese Yen which has triggered the move away from the Australian dollar. Given the announcement of substantial stimulus by the Bank of Japan traders have shifted their holdings away from the higher yieldingMon, 08 Apr 2013 01:13:50 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/08/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/05/Australian Dollar: Much better than expected retail sales data yesterday sent the Aussie higher during our session, reaching highs close to 1.0485, but any further gains were limited by disappointing building approvals. The retail sales figures for February came in at 1.3%, much better than the expected 0.3%, while a revision to January’s number to 1.2% was also a big surprise, and was the largest increase in sales since 2009. Numbers this good (compared to expectations) would normally sendFri, 05 Apr 2013 01:05:39 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/05/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/03/Australian Dollar: The release of a better than expected trade balance locally yesterday saw the Aussie begin an uptrend that saw it gain to close to 1.05 prior to the US session. The trade deficit unexpectedly shrank to $178 million in February compared to expectations of a $1bn deficit and was mostly due to increased commodity prices. This helped push the Aussie off 1.0450 as it moved higher through our trading day. Also helping the Aussie higher was an announcement by Treasurer Swan thatWed, 03 Apr 2013 23:20:29 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/03/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/01/Australian Dollar: The Aussie spent much of yesterday morning trading close to where it opened, as the lack of investors in the market kept ranges tight. At midday we got some movement though, as Chinese manufacturing PMI disappointed estimates somewhat coming in lower than expected at 50.9 versus 51.2. This was still a better number than the previous months 50.1 but given the low level of liquidity, it was enough to pull us back below 1.04 and break below the previous holiday range. As USMon, 01 Apr 2013 23:25:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/04/01/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/31/Australian Dollar: Like much of the world, Australians are still enjoying what’s left of their long weekend and it seems that what investors are left in the market are happy to see the currency move sideways till more liquidity returns. The Aussie spent much of Friday trading between 1.0400 and 1.0430 and we open this morning still within that range at 1.0415. Today we have some important Chinese data in the form of Manufacturing PMI and with minimal liquidity we could see some movements ifSun, 31 Mar 2013 22:23:52 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/31/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/27/Australian Dollar: Stopping 30 basis points shy of its highest level in two months during domestic trade yesterday the Australian dollar received a boost following comments from the RBA which stated global conditions have improved significantly, reducing the likelihood that interest rates will fall when policy makers meet next Tuesday.  Despite some strong early gains, the Australian dollar tumbled as it entered offshore markets as investors retreated to the deepest and safest markets.Wed, 27 Mar 2013 23:02:29 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/27/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/26/02/Australian Dollar: The Australian dollar consolidated its gains intraday yesterday remaining within a tight range when compared against its US Counterpart. Wavering 20 basis points either side of the 1.0440 mark there was little locally to spur the higher yielding asset that is despite murmurings that The Reserve Bank of Australia may be done cutting interest rates given there has already been 1.75% worth of cuts since November 2011. Spurred on by a rally across Wall Street triggered by signsTue, 26 Mar 2013 23:54:27 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/26/02/http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/26/Australian Dollar: Remaining firm up above the 1.0400 handle yesterday global risk sentiment received a boost following news that Cyprus had clinched a last-ditch deal with International lenders. Ensuring they receive 10 billion euro’s worth of bailout funding the plan to shut down the nation’s second largest bank whilst inflicting heavy losses on uninsured deposits has at least averted a full on banking system collapse. Rallying to an intra-day high of 1.0478 against its US Counterpart theTue, 26 Mar 2013 01:38:25 GMThttp://www.fxstreet.com/fundamental/market-view/info@ozforex.com.au (Oz Forex Foreign Exchange)http://www.fxstreet.com/fundamental/market-view/daily-forex-analysis/2013/03/26/