The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
The Australian dollar fell to a four-month low after equities markets suffered heavy losses in overnight trade. At 6.30am AEDT the local unit was trading at 102.25 US cents, down from 102.35 cents at yesterday’s local close. Early ...
Tags: Australian dollar, dollar, equities markets
The dollar was sharply lower today amid rising concerns that the US central bank might soon take steps to start withdrawing the stimulus measures that have supported the world's biggest economy since the global financial crisis. Minutes ...
Tags: Dollar, financial crisis, financial
The Australian dollar plunged more than US1c yesterday amid rising concerns the US central bank might soon take steps to start withdrawing stimulus measures that have supported the world's biggest economy since the global financial crisis. ...
Tags: Australian dollar, US, Policy
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The dollar is stronger against the greenback after statements from New Zealand's central bank led currency traders to move their money across the Tasman. At 5pm AEDT today, the Aussie was trading at $US1.0365, up from $US1.0329 yesterday. ...
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
· Profit after tax before significant items of $322.0 million, up 5.7%; · The translation impact from the higher Australian dollar on profit after tax and before significant items was negative $20 million. On ...
Tags: Amcor
Prime Minister Gillard … ‘tough but responsible’ Business and industry groups have expressed concern at the federal government proposal to strip $1 billion in tax concessions from Australia’s biggest companies as ...
The dollar was higher late today after the central bank signalled that, while another interest rate cut was possible, it was in no mood to deliver it just yet. At 4.05pm AEDT, the Aussie was trading at $US1.0324, up from $US1.0296 late ...
Tags: Dollar, Reserve Bank, Rate
The sharemarket closed at its highest level in more than four years, with gains across the board. The benchmark S&P/ASX 200 index had risen 18.5 points, or 0.37 per cent, to 5081.9 points, while the broader All Ordinaries index had added ...
Tags: Stocks, sharemarket, benchmark
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data. At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at ...
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
Profit after tax and before significant items was up 5.7% to $322m for the six months up to 31 December 2012. Amcor managing director and chief executive Ken MacKenzie said: “The first half result represented a record underlying ...
Tags: Tobacco Packaging, Specialty Folding Carton Operations