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Australian Dollar Hit a One-Week High, Getting a Boost From The Rising Gold Price

Jul 25, 2013

The 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

Australian Share Market Has Closed Slightly Lower

Jul 19, 2013

THE Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker. A strong production report from BHP Billiton boosted sentiment in the ...

Tags: share market, economy

Australian Dollar Falls as Second Biggest Economy Is Unlikely to Receive Massive Stimulus

Jul 18, 2013

The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...

Tags: Australian dollar, Lou Jiwei

Australian Share Market Nudged But Fell Away to End Only Slightly Higher

Jul 18, 2013

The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...

Tags: Stocks, Edge Higher

Australian Dollar Is Lower Despite Modest Bounce From China's Economic Growth Figures

Jul 16, 2013

THE Australian dollar is lower today despite a modest bounce from China's latest economic growth figures. At 5pm, the local unit was trading at 90.87 US cents, down from 91.67 cents on Friday. The Australian dollar briefly dropped below ...

Tags: economy, dollar

Australian Stocks Shot up by 1.3 Per Cent

Jul 12, 2013

AUSTRALIAN stocks shot up by 1.3 per cent, with investors cheering comments out of the US that money would continue to be pumped into the world's largest economy. Shares in Australia soared on US Fed chairman Ben Bernanke's comments that ...

Tags: economy

Australian Dollar Jumped After US Bank Poured Cold Water on Earlier Speculation

Jul 12, 2013

THE Australian dollar jumped yesterday after the US central bank poured cold water on earlier speculation that it would soon start to withdraw economic stimulus. The US dollar plunged early yesterday after the market was surprised by ...

Tags: economy, Australian dollar

Dollar Followed Stronger Gold Price Higher in Asia

Jul 10, 2013

THE dollar followed a stronger gold price higher in Asia yesterday in a jittery session, with traders awaiting comments by the US central bank on the outlook for the economy. Late yesterday, the dollar was at US91.83c, up US1.25c from ...

Tags: gold price, gold, economy

Stockmarket Rebounded to Sit 1.1 Per Cent Higher

Jul 5, 2013

IN another wild swing that extended the volatile start to the financial year, the stockmarket rebounded to sit 1.1 per cent higher after fresh data pointed to a strengthening US economy. Materials and energy stocks led the recovery from ...

Tags: US economy, market, economy

The Sharemarket Recovered Strongly From a Six-Month Low

Jun 27, 2013

THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...

Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto

Australian Shares Gained Ground as Investors Took a Cautiously Optimistic Stance

Jun 19, 2013

Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...

Tags: Stocks, US Fed Meeting

Australian Dollar Was Higher After Taking Roller-Coaster Ride in Previous 24 Hours

Jun 8, 2013

THE 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

Australian Dollar Is Slightly Higher After It Was Taken on a Roller Coaster Ride

Jun 8, 2013

The Australian dollar is slightly higher after it was taken on a roller coaster ride over the past 24 hours. The currency dropped yesterday afternoon to an almost three-year low of 94.35 US cents, but in offshore trade last night it ...

Tags: Dollar, US Economic Figures

Sharemarket Closed 1 Per Cent Lower as Weak GDP Figures Prompted Investors

Jun 5, 2013

The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...

Tags: Stocks, GDP Data

Australian Dollar Is Slightly Higher as Investors Wait for Economic Data

Jun 3, 2013

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

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