The Australian dollar moved higher with traders largely shrugging off Julia Gillard's surprise calling of a September 14 election. The announcement stunned political pundits but elicited little reaction in currency markets. At 4.30pm ...
The Australian dollar moved higher in Asian trading, largely ignoring the announcement of a federal election on September 14. The announcement stunned political pundits but elicited little reaction in currency markets. At 5pm AEDT, the ...
At 5pm AEDT, the Aussie was trading at $US1.0452, up from $US1.0449 on Friday. Since 7am AEDT, the local currency traded between $US1.0406 and $US1.0454. CMC Markets foreign exchange dealer Tim Waterer said the dollar had fallen over ...
Tags: AEDT, Aussie, local currency
The Australian dollar fell overnight to its lowest level in almost a month amid an improved outlook for European economies. It had rebounded to be 104.09 US cents at 6.30am AEDT but is still down from 104.49 US cents on Friday, before the ...
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
Growing evidence of an emerging economic recovery in Europe pushed the Australian dollar to three-week lows today. Some market watchers say this might signal an important shift in direction for the currency. Traders say heavy-selling of ...
Tags: Dollar, Australian dollar
The Australian dollar continued to weaken despite a positive reading for Chinese manufacturing, falling more than half a US cent overnight. At 6.30am AEDT the Australian dollar was at 104.62 US cents, down from yesterday’s local ...
Tags: Australian dollar, US cent, dollar
The Australian dollar fell as news that North Korea planned more rocket launches hurt sentiment already weakened by disappointing earnings from Apple and a downgrade to the International Monetary Fund's global growth forecast. At 4.08pm ...
Tags: Dollar, Aussie dollar, Australian dollar
The Australian dollar fell as a slower-than-expected rise in consumer prices in the fourth quarter stoked the case for another interest rate cut. Consumer prices rose 2.2 per cent in the fourth quarter from a year earlier and 0.2 per cent ...
The sharemarket rose yesterday, led by BHP Billiton after its first-half production report broadly met expectations. Australia's big four banks climbed on speculation that interest rates may drop further. The benchmark S&P/ASX 200 ...
Tags: sharemarket, BHP, banks
The Australian dollar has opened marginally higher in local trade, following the release of national inflation data. At 6.30am AEDT the Australian dollar was at 105.46 US cents, up from yesterday’s local close of 105.39 US cents. ...
Tags: CPI, Australian dollar, US cents
Queensland-based mining companies including coal producers are expecting to shed nearly 500 jobs from their operations in the Australian state in the next 12 months, and this is on top of a net loss of 3,370 jobs in the mining industry in ...
The Australian dollar gained against the greenback but lost ground versus the yen after the Bank of Japan agreed an "open-ended" commitment to ending deflation through asset purchases and a 2 per cent inflation target. The moves, although ...
Tags: Dollar, yen, Australian dollar
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target
The Australian dollar rose after Japan's central bank announced an expansion of its monetary stimulus plans. At 7am AEDT the Australian dollar was at 105.66 US cents, up from yesterday’s local close of 105.55 cents. BK Asset ...
Tags: Australian dollar, Japan stimulus, US cents, dollar