THE 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
THE 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
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
The Australian dollar fell to its lowest level since October 2011 amid weakness on global stock markets. The currency dropped to a low of 95.11 US cents early this morning. By 7am AEST it had recovered slightly and was trading at 95.46 US ...
Tags: Australian Dollar, Stock Markets
The 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
The 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
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 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 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 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
The Australian dollar bounced back from its one-year low against the US dollar as the greenback took a breather from its recent rally. At 6.30am AEST the local unit was trading at 97.43 US cents, up from 96.23 cents at yesterday’s ...
Tags: Australian, Dollar, Australian Dollar
THE Australian dollar lost ground after commodity prices fell in overnight trade and as traders await tonight?s testimony to Congress by US Federal Reserve Chairman Ben Bernanke. At 6.30am AEST the local unit was trading at 98.07 US ...
Tags: economy
THE Australian dollar dropped to a one-year low after the head of the US Federal Reserve said he would consider winding down its economic stimulus program in the coming months. The currency dropped as low as 96.62 US cents in the early ...
Tags: economy
INVESTMENT banks have continued to go cold on the Australian dollar, with Credit Suisse?s global strategists telling clients the Aussie could fall to 85 US cents in 12 months because "this time it's structural". "While a rebound remains ...
Tags: economy
The Australian dollar opened below 99 US cents as another rally on Wall Street boosted the greenback. At 7am AEST, the local currency was trading at 98.92 US cents, down from yesterday’s local close of 99.80 US cents, marking the ...
Tags: Dollar, US Markets, Service