A STEADY-AS-SHE-GOES statement from the US central bank and easing fears about Cyprus has had little impact on the Australian dollar. At 7am AEDT, the local unit was trading $US1.0379, level with where it ended the local session ...
LABOR veteran Simon Crean's dramatic decision to call for a leadership spill pushed the Australian dollar down in the immediate aftermath of his announcement. The currency was trading at $1.0373 at 5pm AEDT, down from $US1.0391 at 1pm ...
Tags: LABOR Turmoil, economy, Dollar
The dollar has largely held its ground against a global wave of negativity stemming from Cyprus' rejection of a bank deposit levy. At 5pm AEDT, the currency was trading at $US1.0379, down slightly from $US1.038 yesterday. CMC markets ...
Tags: Dollar, Australian dollar, currency
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
The dollar pushed higher but the gaze of traders remained firmly on whether lawmakers in Cyprus can reach a deal on the proposed terms of an international bailout package. As part of a rescue package for Cyprus, European policymakers have ...
Tags: dollar, Aussie dollar, euros
The Australian dollar fell after the Cypriot parliament failed to pass a bank deposit tax that was a condition of a bailout for the island nation. At 6.30am AEDT the local unit was trading at 103.63 US cents, down from 103.80 cents at ...
Tags: Australian dollar, US cents, European Union
The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark
The sharemarket continued its fall yesterday, dropping back below 5000 points even though European and US markets brushed off concerns that plans for a deposit tax in Cyprus could reignite the European debt crisis. The benchmark S&P/ASX ...
Tags: sharemarket, Stocks, European Debt
The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
The Australian dollar rose following a gain in gold prices overnight. At 6.30am AEDT today the local unit was trading at 103.94 US cents, up from 103.60 cents at yesterday’s local close. Gold settled at the highest price in almost ...
Tags: Gold, Safe-Haven Status, economy
The sharemarket has opened higher amid views that investors overreacted to Europe's debt problems with heavy sell-offs yesterday. At 10.40am AEDT, the benchmark S&P/ASX200 index was up 26.3 points, or 0.52 per cent, at 5041.7. The ...
Tags: Stocks, Europe's debt, economy
The Australian dollar rose to a five-week high yesterday after data showed the nation recorded its strongest monthly employment growth in almost 12 years last month, diminishing the chance of further immediate interest rate cuts that might ...
Tags: Australian dollar, dollar, Financial
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
An afterglow effect from Australia's stellar jobs numbers helped support the dollar in quiet trade today, although traders cautioned that further significant gains for the currency are unlikely in the near term. "Today the Australian ...