A select handful of Australia's motoring media recently had the opportunity to take on their Russian peers in the 2013 Mazda MX-5 Media Challenge, and naturally CarAdvice jumped at the chance to fly the Aussie flag. Starting in Sweden in ...
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
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
High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
The sharemarket closed flat ahead of tomorrow's federal budget and after the Aussie fell below parity with the greenback. At the close today, the benchmark S&P/ASX200 index was up 4.2 points, or 0.08 per cent, at 5210.3 points. The ...
Tags: Stocks, sharemarket
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
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 ...
The Australian dollar tumbled almost two US cents to its lowest level in more than 11 months and could move back below parity with the greenback in the next 24 hours. The currency fell to 100.47 US cents early today, its lowest level ...
Tags: Australian Dollar, currency
FOR two years, Dion Hershan has been in fairly select company -- gloomy on the outlook for commodities and local resources stocks and upbeat about the US. Now, as real concerns emerge about a bubble in major-bank share prices, the Goldman ...
Tags: economy
The Australian dollar shrugged off the Reserve Bank of Australia’s latest interest rate cut today, clawing back almost half of the value it lost yesterday, on the back of better Chinese trade data. The local unit traded around ...
Tags: China Surplus, Cool Dollar
The dollar has bounced back from losses made after the central bank's surprise interest rate cut, thanks partly to some positive Chinese trade figures. At 5pm AEST, the local unit was trading at $US1.0201, up from $US1.019 yesterday. ...
Tags: dollar, financial technician