The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
The Australian dollar is slightly higher as investors shrugged off weak economic data and sat on the sidelines waiting for bigger events. At 5pm AEST, the local unit was at 96.56 US cents, up from 96.41 cents on Friday, and at its high ...
Tags: Dollar, Investor, Economic Data
The Australian dollar is lower after heavy falls on Wall Street on Friday night. At 6.30am AEST, the Australian dollar was trading at US96.18c, down from US96.41c on Friday. The currency weakened on Friday night as the US stock market ...
Tags: US Stocks, Australian Dollar
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
The 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
The Aussie is trading in a narrow range as it takes a breather following recent falls. At 12pm AEST, the currency was trading at US96.71c, down slightly from US96.73c yesterday. OzForex chief currency strategist Jim Vrondas said the ...
Tags: Dollar Trading, Currency
Better 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
The Australian dollar gained as much as US1c in overnight trade after the US dollar fell against all the major currencies. The Aussie peaked at US96.71c in overseas trade overnight. By 7am AEST it was trading at US96.34c, up from ...
The 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
THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
The Australian dollar has edged lower, failing to find a catalyst that would help it recover recent losses. At 12pm AEST the local unit was trading at 96.23 US cents, down from 96.39 cents at yesterday’s local close. During the ...
Tags: Australian, Dollar, Service
The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar