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Dollar Down
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China's New Yuan Loans Rise in January
Feb 23, 2015The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
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Taiwanese Machine-Tool Makers Decides to Acquire Japanese Machine-Tool Makers
Nov 13, 2014Taiwanese machine-tool makers Fair Friend Enterprise Group, Goodway Machine Corp., and Hiwin Technologies Corp. have decided to acquire Japanese machine-tool makers in a move widely seen as an attempt to convert the threat of the weak yen ...
Tags: Triggers, Machine Tool
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Australian Dollar Was Half a US Cent Lower After Wall Street Stocks Lost Ground
Jul 31, 2013The Australian dollar was half a US cent lower after Wall Street stocks lost ground ahead of the US Federal Reserve meeting later in the week. At 6.30am AEST the local unit was trading at 92.00 US cents, down from 92.45 cents at ...
Tags: Australian Dollar, Service
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Aussie Fell as Commodity Prices Slide
Jun 18, 2013The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
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Australian Dollar Continued to Fall Due to Investor Caution and Falls in Commodity Prices
May 28, 2013The Australian dollar has continued to fall due to investor caution and falls in commodity prices. At 7am AEST the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday. Since 5pm AEST on Friday, the Australian dollar ...
Tags: Australian, Dollar, Commodity Prices
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Dollar Continued to Test Fresh 11-Month Lows as Economic Outlook Damps Sentiment
May 16, 2013The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
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Australians Are More Likely to Travel Interstate Than Overseas as Dollar Plunges
May 13, 2013Chinese economic policy and an improving US economy appear to have achieved what the Reserve Bank couldn't this week: taking the wind out of Australia's plucky currency, which fell to 11-month lows in early trading yesterday and is expected ...
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Shares Were Punished as Investors Worried About Resources Stocks Being Hit
May 3, 2013Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
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Dollar Was Down More Than Half a Cent Against The Greenback as Metals Stay Weak
Apr 23, 2013The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
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Dollar Has Fallen Sharply Following News of Slower Economic Growth in China
Apr 16, 2013The dollar has fallen sharply following news of slower economic growth in China. At 5pm AEST today, the Aussie was at $US1.0433, down from $US1.0546 on Friday afternoon. CMC markets foreign exchange dealer Tim Waterer said the currency ...
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Australian Dollar Fell Sharply as China Tightens Financial Rules
Mar 28, 2013The Australian dollar fell sharply today after China announced a tightening of controls on high-yielding financial products that form a key part of the country's shadow-banking system. Traders said the announcement highlighted risks that ...
Tags: Financial Rules, Australian Dollar, high-yielding financial products
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LABOR Veteran Simon Crean's Decision to Call for Leadership Spill Pushed Dollar Down
Mar 21, 2013LABOR veteran Simon Crean's dramatic decision to call for a leadership spill pushed the Australian dollar down in the immediate aftermath of his announcement. The currency was trading at $1.0373 at 5pm AEDT, down from $US1.0391 at 1pm ...
Tags: LABOR Turmoil, economy, Dollar
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Australian Dollar Weakened After US Jobs Data Boosted Greenback Against Major Currencies
Mar 11, 2013The Australian dollar weakened after better-than-expected US jobs data boosted the greenback against most major currencies. At 6.30am AEDT the currency was trading at 102.09 US cents, down from 102.43 cents at Friday’s local close. ...
Tags: Australian Dollar, US Jobs Data
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Australian Dollar Slumped to Its Lowest Level After Improved US Economic Figures
Feb 27, 2013The Australian dollar slumped to its lowest level in more than four months overnight after improved US economic figures and comments from Federal Reserve chairman Ben Bernanke's boosted the greenback. At 7am AEDT the currency was down ...
Tags: Australian dollar, US economic, dollar
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Dollar Was Sharply Lower as Fed Debates Winding Back Stimulus
Feb 22, 2013The dollar was sharply lower today amid rising concerns that the US central bank might soon take steps to start withdrawing the stimulus measures that have supported the world's biggest economy since the global financial crisis. Minutes ...
Tags: Dollar, financial crisis, financial