The Australian dollar fell to its lowest level in almost three months during a weak night on global stock markets. At 6.30am AEDT the currency was trading at 103.14 US cents, down from 103.56 cents at yesterday’s local close. The ...
Tags: Australian Dollar Slumps, Eurozone Economies, Equipment
Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...
The Australian dollar gained after rises on US sharemarkets helped the currency rebound from an earlier sell-off. At 7am AEDT the currency was trading at 104.12 US cents, up from 104.06 US cents at yesterday’s local close. BK ...
Tags: Australian dollar, US, sharemarkets
The Australian dollar fell sharply late in Asia trading yesterday after the central bank signalled it has scope to cut rates again, despite holding interest rates steady at its first meeting of the year, as expected. The dollar fell to an ...
Tags: Dollar, Australian dollar, rates
Innes Willox … call for rate cuts Australia's manufacturing sector contracted for the 11th straight month in January, prompting a call for further interest rate cuts. The latest Australian Industry Group Australian Performance of ...
Tags: Innes Willox, manufacturing sector, January
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
The Australian dollar was flat of the Reserve Bank of Australia's first board meeting for 2013. At 6.30am AEDT the currency was trading at 104.37 US cents, the same level as at yesterday’s close. The RBA holds its first board ...
Tags: Australian dollar, RBA rates, cash rate
The Australian dollar rose today following rallies on US share markets on Friday night. At 6.30am AEDT the currency was trading at 104.04 US cents, up from 103.99 US cents at the local close on Friday. The dollar fell as low as 103.61 ...
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
The Australian dollar fell sharply yesterday after The Wall Street Journal exclusively reported a warning on the outlook for the Australian economy issued by ratings firm Standard & Poor's. At 5pm AEDT, the dollar was buying $US1.0406, ...
Tags: Aussie dollar, Australian economy, dollar
The Australian dollar fell sharply after The Wall Street Journal reported a warning on the outlook for the Australian economy issued by ratings firm Standard and Poor's. At 5pm AEDT the dollar was buying $US1.04, down from $US1.0470 in ...
Tags: Dollar, Australian economy, investment
The Australian dollar has traded higher today, rebounding following several days of weakness. At 7am AEDT the currency was trading at 104.36 US cents, up from 104.06 cents at yesterday’s local close. Westpac New Zealand senior ...
Tags: Australian dollar, US cents, currency
The Australian sharemarket has closed slightly weaker, snapping a 10-day winning streak, after markets in the US fell. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had fallen 17.9 points, or 0.37 per cent, at 4878.8 points, and the ...
Tags: Stocks, sharemarket, Ordinaries index
Minister for Industry Greg Combet says manufacturers should not sit back and wait for a fall in the Australian dollar – they must change with the times or risk failure. Mr Combet’s warning, reported by The Australian ...
The Australian dollar fell following news the US economy contracted in the final three months of 2012. At 6.30am AEDT the currency was trading at 104.26 US cents, down from 104.73 US cents at yesterday’s local close. The currency ...
Tags: Australian dollar, US economy, currency