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Activity in China's Vast Factory Sector Grew at a Milder Pace in November
Nov 25, 2013Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
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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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Australian Dollar Is Almost One US Cent Lower
Jul 25, 2013The Australian dollar is almost one US cent lower after figures from China showed manufacturing activity in the world's second largest economy slowed to an 11-month low in July. At 6.30am AEST the local unit was trading at 91.69 US cents, ...
Tags: Australian Dollar, China Flash PMI
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Days of The Australian Dollar Soaring Above The 100 US Cent Mark Are Over
Jun 8, 2013THE days of the Australian dollar soaring above the 100 US cent mark are over. So whether you're despairing that you can no longer afford that holiday in New York or rejoicing that your business is now more competitive, one thing is ...
Tags: Service
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Australian Dollar Has Jumped Sharply Higher in a Morning of Volatile Trading
Jun 8, 2013THE Australian dollar has jumped sharply higher in a morning of volatile trading. The currency hit a two-and-a-half year low of 94.35 US cents shortly after midnight AEST before staging an impressive recovery. It climbed almost ...
Tags: Service
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Australian Dollar Is Almost Half a US Cent Lower
Jun 5, 2013The Australian dollar is almost half a US cent lower after global investors reacted to yesterday' s interest rate decision. At 7am AEST the currency was trading at 96.50 US cents, down from 96.93 cents at yesterday’s local close. ...
Tags: RBA Statement, Australian Dollar
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Australian Dollar Was More Than One US Cent Higher
Jun 4, 2013The Australian dollar was more than one US cent higher following the release of disappointing US manufacturing figures. At 7am AEST the currency was at 97.70 US cents, up from 96.46 US cents at yesterday’s local close. Westpac New ...
Tags: Australian Dollar, US Factory Data
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Australian Dollar Remained Below Parity with The Greenback
May 15, 2013The Australian dollar has remained below parity with the greenback as healthy American retail data underpinned strength in the US currency. At 12pm AEST today the dollar was trading at 99.77 cents, down almost a quarter of a US cent from ...
Tags: Australian Dollar, Retail Data
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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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Dollar Bounced Back From Losses Made After Central Bank's Surprise Interest Rate Cut
May 9, 2013The dollar has bounced back from losses made after the central bank's surprise interest rate cut, thanks partly to some positive Chinese trade figures. At 5pm AEST, the local unit was trading at $US1.0201, up from $US1.019 yesterday. ...
Tags: dollar, financial technician
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Australian Dollar Dropped Below 103 US Cents as US Stocks and Commodity Prices Weaken
May 3, 2013THE Australian dollar dropped below 103 US cents for the first time in three days amid falls on US stock markets and weaker commodity prices. At 6.30am AEST the currency was trading at 102.77 US cents, down from 103.54 US cents at ...
Tags: Australian Dollar, US Stocks
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The AWEX Regional Indicators Finished 1.9% Lower, on Average, at Sales in Sydney
May 2, 2013The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
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Dollar Has Started The Week on The Back Foot
Apr 23, 2013THE dollar has started the week on the back foot, after losing more than three quarters of a US cent late on Friday. At 5pm AEST today, the Aussie was at $US1.0283, down from $US1.0343 on Friday. The dollar started the local session ...
Tags: economy
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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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The AWEX Regional Indicators Finished 5.6% Lower
Apr 16, 2013The AWEX Regional Indicators finished 5.6% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.5%.It was a disappointing opening sale after the Easter break. Demand from all parts of ...
Tags: Aussie Wool, Wool Prices
