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Aussie Dollar
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Exporter Confidence Plateaus Amid Competing Head and Tailwinds
Aug 25, 2016America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
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What Will Brexit Mean for Australian Food and Beverage Producers?
Jul 5, 2016Despite indications the poll would be close, the London financial community has been dumbfounded by the decision of a majority of British voters to leave the European Union (EU). However, advocates of the 'Remain Case' were not ...
Tags: Food Producers, Beverage, Brexit
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Australia Set for a Record Year Online
Nov 5, 2015The latest quarterly Online Retail Report from eWAY has revealed Sydneysiders are now the biggest online spenders in Australia, overtaking Melbourne by 5.7 per cent, and spending more than double the amount per transaction. According to ...
Tags: online spenders, Sydneysiders
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China's Export Growth Fell 3.1 Percent in June Compared with The Same Period in 2012
Oct 6, 2013Last week saw U.S. stock indexes climb to near record highs and the U.S. dollar fell to its largest decline in 5 weeks following the release of minutes from the Federal Reserve along with comments from Fed Chairman Ben Bernanke that ...
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Business Confidence Levels Are Showing Signs of Stabilising
Aug 6, 2013Business confidence levels are showing signs of stabilising, with the year-end outlook for profits, sales, employment and capital investment beginning to level out. After declining through much of the year, initial expectations for the ...
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Australian Dollar Is Lower After Reserve Bank Governor Glenn Stevens Hinted
Jul 31, 2013The 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
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Australian Dollar Hit a One-Week High, Getting a Boost From The Rising Gold Price
Jul 25, 2013The Australian dollar has hit a one-week high, getting a boost from the rising gold price and a good performance on Asian sharemarkets. At 5pm AEST, the local unit was trading at US92.59c, up from US92.22c yesterday. During the local ...
Tags: Australian Dollar, Gold Price
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Australian Dollar Is Higher After The US Federal Reserve Chairman Eased Concerns
Jul 12, 2013THE Australian dollar is higher after the US Federal Reserve chairman eased concerns about the tapering of the central bank's economic stimulus program. At 1700 AEST on Thursday, the local unit was trading at 92.71 US cents, up from 91.96 ...
Tags: economy, Australian dollar
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Bearish Bets for Australian Dollar Turn Savage with Credit Suisse Forecast to US75c
Jul 5, 2013BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...
Tags: Australian dollar, economy, bank
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Australian Dollar Slumped to a Near Three-Year Low During Asia Trade
Jun 13, 2013The Australian dollar slumped to a near three-year low during Asia trade after local economic data disappointed and Goldman Sachs warned the resource-rich country was at risk of a steep economic downturn. New government figures today ...
Tags: Australian Dollar, Service
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Australian Dollar Was Higher After Taking Roller-Coaster Ride in Previous 24 Hours
Jun 8, 2013THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service
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Further Falls Have Been Forecast for The Australian Dollar
Jun 7, 2013Further 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
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Australian Dollar Is Slightly Lower After Release of Weaker Than Expected US Economic Data
May 31, 2013The Australian dollar is slightly lower after the release of weaker than expected US economic data. At 7am AEST, the local unit was trading at US96.63c, down from US96.73c yesterday. Since 5pm AEST yesterday, the Aussie traded between ...
Tags: Australian Dollar, GDP Report
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Better Than Expected Economic Data Provided a Cushion for The Australian Dollar
May 31, 2013Better than expected economic data provided a cushion for the Australian dollar yesterday, with a sharp rebound in home building and still-resilient corporate investment plans easing the need for the central bank to cut rates again. But ...
Tags: Aussie Dollar, RBA
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Australian Dollar Fell After US Economic Data Cemented Hopes of a Winding Down
May 30, 2013The Australian dollar fell after another batch of good US economic data cemented hopes of a winding down of economic stimulus measures by the US central bank. At 7am AEST the local unit was trading at 96.16 US cents, down from 96.55 cents ...
Tags: dollar, Australian, US Data