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ICE Cotton Stayed in an Uptrend This Week with K4 Holding Ground and Settling at 92.19

Mar 17, 2014

ICE Cotton stayed in an uptrend this week with K4 holding ground and settling at 92.19, up over 100 pts. Futures, with the help of a friendly spec contingent that had anticipated the USDA’s lowering of 13/14 carry-out estimate (and ...

Tags: Cotton, Textile, crop

Sustained Improvements Are Needed Despite of Some Positive Trends

Jan 21, 2014

The January 2014 Australian Chamber of Commerce and Industry (ACCI) Survey of Investor Confidence reveals that despite some positive trends, such as sales and profitability continuing to rise off of a low base through the December quarter, ...

Tags: Service

Dollar Dipped Below US90c Mark as Expectations of a Rate Cut Next Week Rose

Aug 9, 2013

THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...

Tags: Service, economy

Australian Dollar Is Lower After Reserve Bank Governor Glenn Stevens Hinted

Jul 31, 2013

The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week. At 5pm AEST the local unit was trading at 90.63 US cents, down from 92.45 cents yesterday. The futures ...

Tags: Australian dollar, Reserve Bank

Australian Share Market Fell as Japan's Share Market Succumbed to Profit Taking

Jul 19, 2013

The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...

Tags: Japan Fall, US Worries

Australian Dollar Rose After Investors Interpreted Reserve Bank of Australia Minutes

Jul 19, 2013

THE Australian dollar rose after investors interpreted the Reserve Bank of Australia minutes as suggesting there was less chance of another rate cut in August. At 6.30am AEST the local unit was trading at 92.54 US cents, up from 91.82 ...

Tags: economy

Australian Dollar Regained Some Ground After Dropping Below 91 US Cents

Jul 5, 2013

THE Australian dollar has regained some ground after dropping below 91 US cents for the first time in almost three years. At 6.30am AEST, the local unit was trading at 90.75 US cents, up from 90.62 cents at yesterday’s local close. ...

Tags: Dollar, Australian dollar, economy

Australian Dollar Is Higher After a Comment From Reserve Bank Governor Glenn Stevens

Jul 5, 2013

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 ...

Tags: dollar, bank, economy

Dollar Received Fillip as Financial Markets Had Misinterpreted Comments

Jul 5, 2013

THE dollar received a fillip yesterday after a top Reserve Bank official said financial markets had misinterpreted comments by governor Glenn Stevens that seemed to indicate another rate cut was imminent. Philip Lowe, deputy governor of ...

Tags: economy, market, financial market

Australian Dollar Opened at Weakest Level Since August 2010 as US Equity Markets Slide

Jul 1, 2013

THE Australian dollar has opened at its weakest level since August 2010 as US equity markets slide. At 6.30am AEST the local unit was trading at 91.17 US cents, down from 92.62 cents at Friday's local close. The currency fell below 92 ...

Tags: Australian Dollar, economy

Aussie Slumped to a Fresh 33-Month Low as China's Economy Showed More Signs of a Slowdown

Jun 20, 2013

The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...

Tags: Australian Dollar, Stimulus Program

Aussie Fell as Commodity Prices Slide

Jun 18, 2013

The 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 ...

Tags: Dollar, Rate Cuts

Dollar Is Slightly Higher as Traders Wait for Whether US Will Wind Down Economic Stimulus

Jun 17, 2013

The dollar is slightly higher as traders wait for an announcement on whether the US Federal Reserve will wind down its economic stimulus measures. At 5PM AEST, the Aussie was trading at US96.21c, up from US95.94c on Friday. On Thursday ...

Tags: Dollar, US Federal Reserve

Australian Dollar Is Almost Half a US Cent Lower

Jun 5, 2013

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

Australian Dollar Was More Than One US Cent Higher

Jun 4, 2013

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

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