The Australian dollar has continued to fall due to investor caution and falls in commodity prices. At 7am AEST the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday. Since 5pm AEST on Friday, the Australian dollar ...
Tags: Australian, Dollar, Commodity Prices
The Australian dollar bounced back from its one-year low against the US dollar as the greenback took a breather from its recent rally. At 6.30am AEST the local unit was trading at 97.43 US cents, up from 96.23 cents at yesterday’s ...
Tags: Australian, Dollar, Australian Dollar
THE stockmarket opened lower after comments the Federal Reserve overnight suggested stimulus activity in the US may soon be eased. At 10.34am AEST the benchmark S&P/ASX200 index was down 44.5 points, or 0.86 per cent, at 5120.9 points. ...
Tags: economy
THE Australian dollar lost ground after commodity prices fell in overnight trade and as traders await tonight?s testimony to Congress by US Federal Reserve Chairman Ben Bernanke. At 6.30am AEST the local unit was trading at 98.07 US ...
Tags: economy
THE Australian dollar dropped to a one-year low after the head of the US Federal Reserve said he would consider winding down its economic stimulus program in the coming months. The currency dropped as low as 96.62 US cents in the early ...
Tags: economy
The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit
The dollar's dive looks far from over, even though it has already lost more than 8 per cent of its value against the US dollar since the middle of last month. Of course, a technical correction is possible. But increased disappointment ...
Tags: Aussie Dollar, Global Forces
THE sharemarket finished lower as weaker commodity prices weighed on the nation's biggest mining stocks. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 26 points, or 0.5 per cent, at 5165.7 points, while the broader All ...
Tags: economy
The Australian dollar opened below 99 US cents as another rally on Wall Street boosted the greenback. At 7am AEST, the local currency was trading at 98.92 US cents, down from yesterday’s local close of 99.80 US cents, marking the ...
Tags: Dollar, US Markets, Service
The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
The Australian dollar has remained below parity with the greenback as healthy American retail data underpinned strength in the US currency. At 12pm AEST today the dollar was trading at 99.77 cents, down almost a quarter of a US cent from ...
Tags: Australian Dollar, Retail Data
The Australian dollar was holding marginally above parity with the US greenback after slipping below that level at the weekend for the first time in 11 months. The currency fell to 99.61 US cents on Saturday morning AEST, putting it ...
Tags: Australian Dollar, US greenback
The dollar remained below parity with the greenback as speculation about a winding back of US quantitative easing buoyed the American currency. The Australian dollar fell below 100 US cents shortly after 9am AEST today, repeating its ...
Tags: Australian Dollar, US Currency
The dollar is almost US2c lower, hurt by a big pre-dawn rally in the US dollar. At 5pm AEST, the local unit was trading at $US1.0063, down from $US1.0243 yesterday. The Australian currency fell to $US1.0047 early today, its lowest level ...