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 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
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 Australian dollar jumped more than 1.5 US cents after Federal Reserve chairman Ben Bernanke declared US stimulus measures would continue. The local currency hit 92.94 US cents shortly before 9am AEST, only four hours after sinking ...
Tags: Australian Dollar, economy
THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
THE Australian dollar pared its gains after a change to the nation's leader and weaker-than-expected economic growth figures out of the US prompted an earlier rally. The local unit was trading at 92.75 US cents at 6.30am AEST,down from ...
Tags: economic growth, Australian Dollar, GDP, economic stimulus
The Australian dollar was slightly lower as the US dollar continued to strengthen following last week's news that the US central bank may wind up its economic stimulus program. At 6.30am AEST the local unit was trading at 92.12 US cents, ...
At Microsoft's E3 press event today, the company announced a couple more details for its upcoming Xbox One gaming console: Most important to anticipatory gamers, the console will ship in November, and the price will be a not-insignificant ...
Tags: Consumer Electronics, game
THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...
Tags: Share Market, Global Economy
Facebook is phasing out its Credits virtual payment system and will be transitioning all games integrated into the social network to a new local payments API by Sept. 12, the company announced Wednesday. The migration is part of a larger ...
Demand in the Turkish polymer market has slumped as riots have erupted in major cities and the local currency has tumbled, sources said this week. "There is instability, and the issue of payments, caused by political unrest. It is very ...
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
LASER 2013: Laser market "at record high" – analyst 22 May 2013 …but global markets diverge and reflect exchange rate swings, says Optech Consulting. On the up: The global market for laser materials processing systems. The ...