The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week. At 5pm AEST the local unit was trading at 90.63 US cents, down from 92.45 cents yesterday. The futures ...
Tags: Australian dollar, Reserve Bank
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
The Australian dollar has hit a one-week high, getting a boost from the rising gold price and a good performance on Asian sharemarkets. At 5pm AEST, the local unit was trading at US92.59c, up from US92.22c yesterday. During the local ...
Tags: Australian Dollar, Gold Price
The Australian dollar rose after gold prices soared and weaker-than-expected American home sales figures put downward pressure on its US counterpart. At 7am AEST the local unit was trading at 92.49 US cents, up from 92.22 cents at ...
Tags: Australian Dollar, Home Sales
The Australian dollar is almost one US cent lower after figures from China showed manufacturing activity in the world's second largest economy slowed to an 11-month low in July. At 6.30am AEST the local unit was trading at 91.69 US cents, ...
Tags: Australian Dollar, China Flash PMI
The Australian dollar gained after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them. At 6.30am AEST the local unit was trading at 91.83 US cents, up from 91.71 cents ...
The Australian dollar has recovered from a fall sparked by comments from the Chinese finance minister who said China was unlikely to receive a massive stimulus this year. At 6.30am AEST the local unit was trading at 91.69 US cents, up ...
The Australian dollar is slightly higher after a quiet day of trade. At 5pm today, the local unit was buying 91.71 US cents, up from 91.52 cents yesterday. Bond markets gained strength after Detroit became the largest city in US history ...
Tags: Australian Dollar, economy
THE Australian dollar rose after investors interpreted the Reserve Bank of Australia minutes as suggesting there was less chance of another rate cut in August. At 6.30am AEST the local unit was trading at 92.54 US cents, up from 91.82 ...
Tags: economy
A COMMENT by the Reserve Bank of Australia that Australia's tumbling currency would push up inflation over time fuelled a sharp rise by the Aussie in Asia today. In minutes of its July 2 policy meeting, the Reserve Bank of Australia said ...
The Australian dollar rose after US Federal Reserve chairman Ben Bernanke said the tapering of economic stimulus was not on a pre-set course. At 7am AEST the local unit was trading at 92.37 US cents, up from 92.08 cents at ...
The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
The online shopping market in Australia continues to grow strongly and in 2013 is expected to account for 7% of total retail sales. Total online spending is forecast to amount to $18.3 billion in 2013, with the average annual spend online ...
Tags: Aussie Retail Sales, Apparel
THE Australian dollar is lower today despite a modest bounce from China's latest economic growth figures. At 5pm, the local unit was trading at 90.87 US cents, down from 91.67 cents on Friday. The Australian dollar briefly dropped below ...
THE Australian dollar gained after disappointing US retail sales figures put pressure on the greenback. At 6.30am AEST the local unit was trading at 91.02 US cents, up from 90.87 cents at yesterday's local close. The Australian dollar ...
Tags: economy