THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
The AWEX Regional Indicators finished 2.0% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.9% to break above the 104¢ for the first time since mid-January. This was the last ...
Tags: Textile
The Australian dollar has broken through the 103 US cent mark to reach its highest level in almost three weeks, helped along by weakness in its New Zealand counterpart. At 7am AEDT on Wednesday, the currency was trading at 103.21 US ...
Tags: Australian dollar, dollar, US cent
The Australian dollar was more than half a US cent higher following gains on the New York stock market. At 6.30am AEDT the currency was trading at 102.67 US cents, up from 102.18 cents at yesterday’s local close. The Australian ...
Tags: Australian dollar, US cent, stock market
The Australian dollar was half a US cent lower despite Wall Street stock markets making solid gains overnight, with the Dow Jones Index reaching fresh record highs. At 6.30am AEDT the local unit was trading at 102.38 US cents, down from ...
Tags: Australian dollar, US cent, stock markets
The Australian dollar is more than half a US cent higher ahead of the Reserve Bank of Australia's March interest rate decision. At 6.30am AEDT, the currency was trading at 101.81 US cents, up from 101.25 US cents on Monday afternoon. ...
Tags: Australian dollar, US cent, currency
The Australian dollar drifted almost half a US cent lower overnight, partially reversing gains made after the release of domestic capital expenditure figures yesterday. At 6.30am AEDT the currency was trading at 102.28 US cents, down from ...
Tags: Australian dollar, currency, US cents
The Australian dollar fell one US cent, after it was revealed that there are concerns about the US Federal Reserve's stimulus program. At 6.30am AEDT the local unit was trading at 102.61 US cents, down from 103.65 cents at ...
Tags: Australian dollar, US cent, currency
The dollar is more than half a US cent lower after a meeting of G20 finance ministers helped fuel a continued sell-off in the yen. At 5pm AEDT, the currency was trading at $US1.0295, down from $US1.0364 on Friday. OzForex head of ...
Tags: Dollar, US cent, currency war
The AWEX Regional Indicators finished 0.5% lower, on average, at sales in Sydney, Melbourne, and Fremantle this week when the US exchange rate rose by 0.3%. It was a mixed sale this week with a good start on Tuesday, an easing on ...
Tags: Aussie Wool, Prices, US exchange rate
The Australian dollar was half a US cent higher after the US dollar lost ground against the euro and the yen in overnight trade. At 6.30am AEDT the local unit was trading at 103.05 US cents, up from 102.55 cents at yesterday’s local ...
The AWEX Regional Indicators finished 0.5% lower, on average, at sales in Sydney, Melbourne and Fremantle this week when the US exchange rate rose by 0.1%. Overall, it was satisfactory market. The EMI finished down by 6¢ (5¢ ...
Tags: Australian Wool, Prices, Last Week
The Australian dollar continued to weaken despite a positive reading for Chinese manufacturing, falling more than half a US cent overnight. At 6.30am AEDT the Australian dollar was at 104.62 US cents, down from yesterday’s local ...
Tags: Australian dollar, US cent, dollar
The Australian dollar has ended the local trading day a touch lower, after market players were disappointed by a speech from US Federal Reserve chairman Ben Bernanke. At 5pm AEDT, the Australian dollar was trading at 105.48 US cents, down ...