The Australian dollar is almost half a US cent lower after global investors reacted to yesterday' s interest rate decision. At 7am AEST the currency was trading at 96.50 US cents, down from 96.93 cents at yesterday’s local close. ...
Tags: RBA Statement, Australian Dollar
The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value