The dollar hit two-month lows after the central bank surprised economists by cutting interest rates to record lows and warned that the high exchange rate is continuing to act as a brake on growth. The Reserve Bank of Australia defied most ...
Tags: Dollar, Record Low
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
THE dollar has started the week on the back foot, after losing more than three quarters of a US cent late on Friday. At 5pm AEST today, the Aussie was at $US1.0283, down from $US1.0343 on Friday. The dollar started the local session ...
Tags: economy
The Australian dollar hit a five-week low after Wall Street was dragged down by falls in the share price of US banking stocks and Apple. At 6.30am AEDT the local unit was trading at 102.94 US cents, down from 103.63 cents at ...
Tags: Australian dollar, dollar
The dollar has fallen after speculation of a downgrade to Germany's top credit rating. At 5pm AEST today, the currency was trading at $US1.0317, down from $US1.0363 yesterday. ANZ foreign exchange strategist Andrew Salter said the ...
Tags: Dollar, foreign exchange
Homing in on many brick-and-mortar retailers' most daunting concerns—how to survive and thrive amid online price slashing and better market themselves in the crowded digital marketplace—the second edition of the IBD Summit ...
Tags: Transportation, bike
SAMSUNG last night launched a massive 85-inch ultra-high definition TV that "speaks" with an Aussie accent and arguably could cost more than the van that delivers it. Also in this story Login to read the rest of this article Login using ...
The dollar recovered some lost ground today, helped in part by a mild recovery in gold prices and comments by the Reserve Bank of Australia signalling it is in no rush to cut interest rates further. While the Aussie still remains well ...
The dollar has fallen sharply following news of slower economic growth in China. At 5pm AEST today, the Aussie was at $US1.0433, down from $US1.0546 on Friday afternoon. CMC markets foreign exchange dealer Tim Waterer said the currency ...