THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. The currency touched US94.63c in late afternoon trading, up from US94.02c late on Tuesday. Twenty minutes ...
Tags: Consumer Sentiment, Service
The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...