Chinese economic policy and an improving US economy appear to have achieved what the Reserve Bank couldn't this week: taking the wind out of Australia's plucky currency, which fell to 11-month lows in early trading yesterday and is expected ...
The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...
Tags: US Jobs Data, Service
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
The Australian dollar has pushed above 103 US cents on news of improvements in the US jobs market. At 6.30am AEST the currency was trading at 103.15 US cents, up half a cent from 102.54 US cents on Friday afternoon. The Australian ...
Tags: Australian Dollar, US Jobs Data
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
THE Australian dollar climbed after claims for US unemployment benefits last week fell to their lowest level since mid-March. At 6.30am AEST the local unit was trading at 102.91 US cents, up from 102.46 cents on Wednesday. Local markets ...
Tags: Australian Dollar
The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...
Tags: Aussie Dollar, Dollar
The Australian dollar was lower today after world-wide confidence was dented by news on Friday of weaker-than-expected employment growth in the US in March. The Australian dollar was trading at $US1.0373 in late afternoon trading compared ...
Tags: Australian dollar, dollar
The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
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
The Australian dollar weakened after better-than-expected US jobs data boosted the greenback against most major currencies. At 6.30am AEDT the currency was trading at 102.09 US cents, down from 102.43 cents at Friday’s local close. ...
Tags: Australian Dollar, US Jobs Data
Weaker-than-expected Chinese manufacturing data sent the dollar lower today, ahead of all-important US employment figures due overnight. China's official Purchasing Managers Index fell to 50.4 in January from 50.6 in December, lower than ...
Tags: Dollar, Australian dollar, exchange rate
At 5pm AEDT, the Aussie was trading at $US1.0452, up from $US1.0449 on Friday. Since 7am AEDT, the local currency traded between $US1.0406 and $US1.0454. CMC Markets foreign exchange dealer Tim Waterer said the dollar had fallen over ...
Tags: AEDT, Aussie, local currency
DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...