DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...
The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
The sharemarket fell today, led by resources stocks after minutes of the Federal Reserve's December policy meeting sparked concern US stimulus measures might be scaled back sooner than expected. The Fed minutes, released Thursday, showed ...
Tags: sharemarket, resources stocks, Federal Reserve, Fed minutes
The Australian dollar is higher, getting some support from stronger iron ore prices and gains on the local sharemarket. Mr Hans Kunnen, St George chief economist said that the local dollar's rise was not because of the US budget ...
Tags: Australian dollar, iron ore, prices, sharemarket
Global mergers and acquisitions took a hit last year as the value of deals fell by 2.7 per cent to its lowest point in two years while Australia's activity was curtailed by a slowdown in energy and mining transactions. In its round-up ...
Tags: Australia, energy, mining transactions, value of deals
The Australian dollar has fallen after the US central bank hinted it might end its stimulus program earlier than expected. At 07:00 AEDT, the local unit was trading at $US1.0477, down from $US1.0484 yesterday afternoon. The minutes ...
Tags: Australian dollar, US, central bank, Fed Minutes
The Australian dollar gained yesterday after US politicians agreed on a range of measures designed to avert sweeping tax hikes and about $US110 billion ($105bn) in spending cuts, known as the fiscal cliff. The agreement boosted sentiment ...
Tags: Australian dollar, US, Dollar, fiscal cliff
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
Strong Chinese manufacturing data was not enough to shake the Australian dollar from its slumber yesterday, with traders glued to any news from Washington as talks over the so-called fiscal cliff went down to the wire. The Aussie ...
Tags: Aussie dollar, Washington, negotiations, fiscal cliff
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
The fortunes of the Australian Cotton Growing industry are largely determined by global cotton demand, the world price of cotton and domestic growing conditions. Australia is a small cotton producer on a global scale; however, nearly all ...
Tags: Australian Cotton, global cotton, demand, cotton
THE Australian dollar is higher as sentiment about the US budget negotiations continues to be the main driver for financial markets. US President Barack Obama cut short his Christmas holidays in Hawaii to return to Washington for talks ...
Tags: in Bumpy Trade, Australian Dollar
THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget negotiations. THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget ...
THE bad news out of Washington as talks to resolve the US fiscal cliff broke down pushed the dollar lower as investors ran to the safe haven of the greenback. At 5pm AEDT,the dollar was trading at$US1.0453,down US0.38c. Risk appetite ...
Tags: Washington, US fiscal cliff, economy