THE Australian dollar continued to fall after it was reported that claims for US unemployment insurance benefits last week fell to a five-year low. At 6.30am AEST the local unit was trading at 89.29 US cents, down from 89.58 cents at ...
Tags: economy
THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...
The Australian dollar rose after gold prices soared and weaker-than-expected American home sales figures put downward pressure on its US counterpart. At 7am AEST the local unit was trading at 92.49 US cents, up from 92.22 cents at ...
Tags: Australian Dollar, Home Sales
The Australian dollar is slightly higher after a quiet day of trade. At 5pm today, the local unit was buying 91.71 US cents, up from 91.52 cents yesterday. Bond markets gained strength after Detroit became the largest city in US history ...
Tags: Australian Dollar, economy
THE Australian dollar gained after disappointing US retail sales figures put pressure on the greenback. At 6.30am AEST the local unit was trading at 91.02 US cents, up from 90.87 cents at yesterday's local close. The Australian dollar ...
Tags: economy
THE Australian dollar lost some ground as minutes of the US Federal Reserve's last meeting hinted that the central bank was more likely to unwind its stimulus measures before the mid-2014 target. At 6.30am AEST the local unit was trading ...
Tags: economy
The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
The Australian dollar was slightly lower as the US dollar continued to strengthen following last week's news that the US central bank may wind up its economic stimulus program. At 6.30am AEST the local unit was trading at 92.12 US cents, ...
The fall of the Indian rupee against the US dollar and other major currencies has brought smiles on the faces of Indian textile and apparel exporters and why not? The Indian currency has tanked and lost nearly 10% in value against the ...
Tags: Textile&Apparel Exporters, Rupee
The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
The Australian dollar fell as speculation of a scaling-down in US stimulus measures boosted the greenback. At 7am AEST the local unit was trading at 94.86 US cents, down from 94.92 cents at yesterday’s local close. With the US ...
Tags: Australian Dollar, Speculation
The dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, ...
Tags: Australian Dollar, JP Morgan
THE Aussie is higher as the greenback and Wall Street stocks fell after the Bank of Japan stayed quiet on any new stimulus measures. At 6.30am AEST, the dollar was trading at US94.41c, up from US94.02c yesterday. The Bank of Japan ...
Tags: Japan Concerns, Dollar
The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. The currency touched US94.63c in late afternoon trading, up from US94.02c late on Tuesday. Twenty minutes ...
Tags: Consumer Sentiment, Service