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 was on track for its biggest one-day rise in seven months today, as investors responded positively to yesterday's sharp fall in stock prices, which followed the release of US Federal Reserve minutes showing growing concern ...
The sharemarket partially reversed its big sell-off with a solid finish after the Reserve Bank's positive comments about the economy. The benchmark S&P/ASX 200 index closed up 38 points, or 0.76 per cent, at 5018.1 points today, while the ...
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 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 was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
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
The Australian dollar was half a US cent higher after the US dollar lost ground against the euro and the yen in overnight trade. At 6.30am AEDT the local unit was trading at 103.05 US cents, up from 102.55 cents at yesterday’s local ...
The Australian dollar nudged higher in light trading today, with much of Asia closed for the Lunar New Year celebrations and a public holiday in Japan. By late afteroon, the Aussie was trading at $US1.0301, up from US$1.0299 late Friday. ...
Global BOPP and cellulose films producer Innovia Films has signed an agreement with 50/50 joint venture partner Reserve Bank of Australia (RBA) to buy its 50% share in note-printing subsidiary, Securency International for $67m. According ...
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
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
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 ...