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Australian Shares Gained Ground as Investors Took a Cautiously Optimistic Stance

Jun 19, 2013

Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...

Tags: Stocks, US Fed Meeting

Australian Dollar Weakened Despite Another Firmer Finish on Wall Street

Jun 18, 2013

The Australian dollar weakened despite another firmer finish on Wall Street. At 6.30am AEST the local unit was trading at 95.56 US cents, down from 96.21 cents at yesterday’s local close. The Australian dollar, a risk appetite ...

Tags: Australian Dollar, US Stock

Australian Dollar Fell to a Fresh Two-Month Low During Overnight Trade

May 9, 2013

The Australian dollar fell to a fresh two-month low during overnight trade, before recovering most of its lost ground amid gains on US share markets. The currency fell to 101.55 US cents early this morning as traders in Europe and the US ...

Tags: Australian dollar, dollar

Australian Dollar Moved Slightly Higher Amid Gains on US Share Markets

May 6, 2013

The Australian dollar moved slightly higher amid gains on US share markets. At 6.30am AEST the currency was trading at 102.49 US cents, up from 102.36 US cents at yesterday’s local close. The Australian dollar made modest gains ...

Tags: Australian Dollar, US Stock

Australian Dollar Rallied to Highest Level in 11 Days Following Gains

May 2, 2013

The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...

Tags: Australian Dollar, Commodity Markets

Australian Dollar Dropped Below 103 US Cents Following Weakness on Global Share Markets

May 2, 2013

The Australian dollar dropped below 103 US cents following weakness on global share markets and commodity prices. At 6.30am AEST the currency was trading at 102.81 US cents, down from 103.10 US cents on Friday afternoon. The currency ...

Tags: Australian dollar, currency

Australian Dollar Fell to a One-Month Low as Bombings in Boston and Disappointing Chinese

Apr 22, 2013

The Australian dollar fell to a one-month low during overnight trading as bombings in Boston and disappointing Chinese economic growth weighed on market sentiment. At 7am AEST the local unit was trading at 103.15 US cents, down from ...

Tags: Australian Dollar, China GDP

Glass Companies Face Prosecution by The Competition Tribunal

Apr 11, 2013

COMPANIES that participated in cartel activity in the glass manufacturing industry face prosecution by the Competition Tribunal following an investigation by the Competition Commission. The commission’s investigation, which started ...

Tags: Glass, Furman Glass

STEADY-AS-SHE-GOES Statement and Easing Fears About Cyprus Had Little Impact on Aussie

Mar 21, 2013

A STEADY-AS-SHE-GOES statement from the US central bank and easing fears about Cyprus has had little impact on the Australian dollar. At 7am AEDT, the local unit was trading $US1.0379, level with where it ended the local session ...

Tags: Fed, Aussie, economy

Australian Dollar Was Slightly Lower as Weak US Consumer Sentiment Figures

Mar 18, 2013

THE Australian dollar was slightly lower as weak US consumer sentiment figures and concerns about the Cyprus bank bailout weighed on market sentiment. At 7am AEDT the local unit was trading at 103.58 US cents, down from 103.69 cents on ...

Tags: Service, economy

Reserve Bank's Decision to Keep Rates on Hold

Mar 6, 2013

The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...

Tags: Interest Rate, Australian dollar, share price

Australian Dollar Rose Today Following Rallies on US Share Markets

Feb 4, 2013

The Australian dollar rose today following rallies on US share markets on Friday night. At 6.30am AEDT the currency was trading at 104.04 US cents, up from 103.99 US cents at the local close on Friday. The dollar fell as low as 103.61 ...

Tags: Australian dollar, global stocks, share markets

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