The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...
After almost ten years as Secretary General of AEDT – The European Association of Fashion Retailers, and Director for European Affairs of FENA – The European Federation of Furniture Retailers, in March 2013 Alessandro Bedeschi ...
Tags: AEDT, Alessandro Bedeschi, SG, FENA
The Australian dollar slumped to its lowest level in more than four months overnight after improved US economic figures and comments from Federal Reserve chairman Ben Bernanke's boosted the greenback. At 7am AEDT the currency was down ...
Tags: Australian dollar, US economic, dollar
Sharp-cornered and thinner than a pencil at 8.4 mm, the company said it can achieve speeds of 150 Mbps, fast enough to download a two-hour high-definition movie in less than five minutes. The mobile, which has a 4.7-inch, high definition ...
The Australian dollar has closed lower in response to weaker than expected Chinese data. At 5pm today, the currency was trading at 102.79 US cents, down from 103.13 cents on Friday. The Australian dollar touched its intraday low of ...
The Australian dollar softened yesterday after weaker-than-expected Chinese manufacturing data raised concerns over the momentum of recovery in the world's second-largest economy and Australia's biggest trading partner. The preliminary ...
Tags: PMI, Australian dollar, dollar
The Australian dollar regained losses incurred after Italian election results added to concerns the debt-ridden country could abandon austerity measures. At 7am AEDT the currency was trading at 102.89 US cents, up from 102.79 US cents at ...
Tags: Australian dollar, currency, US cents
The sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability. At 10.26am AEDT the benchmark S&P/ASX200 index was down 75.1 ...
Tags: Stocks, Italian Elections, CMC Markets
The dollar rallied strongly today after the Reserve Bank of Australia signalled it might be done cutting interest rates. At 4.30pm AEDT, the Aussie was trading at $US1.0310, up from $US1.0238 late yesterday. It traded as high as $US1.0323 ...
Tags: Reserve Bank of Australia, currency, dollar
The sharemarket recovered as investors piled into high-yield stocks after Thursday's steep decline, which followed the release of US Federal Reserve minutes showing growing concern among Fed members about potential side-effects of its ...
Tags: sharemarket, stock, US Federal Reserve
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 benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
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