Search Results for 'Australian'

Australian Dollar Falls as Stocks Slide; N.Z. Currency Weake...

The Australian dollar fell for a third day as Asian stocks dropped, damping demand for higher- yielding assets. New Zealand’s currency also declined. Australia’s dollar extended its losing streak to the longest since April af [...]

Posted On : Jun, 09 2009 | Comments : 0

Australian Dollar Approaches One-Week High on Stevens Commen...

The Australian dollar approached its highest in a week as equities climbed and central bank Governor Glenn Stevens said the global recovery may begin “towards the end of the year.” New Zealand’s currency also advanced. Th [...]

Posted On : May, 19 2009 | Comments : 0

Australian, N.Z. Dollars Fall a Second Day as Swine Flu Spre...

The Australian and New Zealand dollars fell for a second day on concern the spread of swine flu from Mexico will hurt tourism and deepen the global recession, spurring investors to sell riskier assets. Australia’s currency dropp [...]

Posted On : Apr, 28 2009 | Comments : 0

Australian, N.Z. Dollars Drop on Swine Flu, Recession Concer...

The Australian and New Zealand dollars dropped for the first time in three days on speculation the spread of swine flu from Mexico will hurt tourism and deepen the global recession, spurring investors to sell riskier assets. New Zealand&rs [...]

Posted On : Apr, 27 2009 | Comments : 0

Australian Dollar Heads for Weekly Loss on Global Slump Conc...

Australia’s dollar was little changed, heading for its first weekly drop since February, on concern the global slump will push the jobless rate to the highest in seven years. Australia’s currency slid against the U.S. doll [...]

Posted On : Apr, 24 2009 | Comments : 0

Australian Dollar Strengthens, N.Z.s Pares Loss as Stocks Ga...

The Australian dollar rose and New Zealand’s currency pared losses as regional stocks gained on signs the U.S. recession may be easing. Australia’s currency reversed earlier losses against the greenback and the yen as the [...]

Posted On : Apr, 16 2009 | Comments : 0

Yen Falls Versus Australian, N.Z. Dollars as Crisis Seen Eas...

The yen fell to near a six-month low against Australia’s dollar on speculation the global financial crisis is easing, spurring investors to buy higher- yielding assets financed with the Japanese currency. The yen declined against all [...]

Posted On : Apr, 13 2009 | Comments : 0

Australian, N.Z. Dollars Fall as Stock Slide Damps Yield Dem...

The Australian dollar slid for a fourth day, heading for its longest losing streak since January, as regional stocks fell, fueling speculation investors will avoid higher-yielding assets. New Zealand’s currency weakened. The Australi [...]

Posted On : Apr, 08 2009 | Comments : 0

Australian, New Zealand Dollars Gain as Regional Equities Ri...

The Australian and New Zealand dollars traded near the highest in three months as regional equities extended the longest stretch of weekly gains in U.S. stocks since 2007. New Zealand’s currency touched the strongest since November v [...]

Posted On : Apr, 06 2009 | Comments : 0

Australian Dollar Drops on Bets Recent Gains Came Too Quickl...

The Australian dollar slipped below 70 U.S. cents and New Zealand’s fell for a second day as investors bet the currencies’ longest winning streaks since 2007 may have been overdone. New Zealand’s currency also slid before [...]

Posted On : Mar, 25 2009 | Comments : 0

N.Z. Currency Near 2-Week High Versus U.S., Australian Dolla...

New Zealand’s dollar rose to a two- week high against the U.S. and Australian currencies after central bank Governor Alan Bollard signaled he may slow the pace of interest-rate cuts and Australian unemployment increased. Australia&rs [...]

Posted On : Mar, 12 2009 | Comments : 0

Australian Dollar Pares Gains After Stimulus Plan Is Defeate...

The Australian dollar pared gains after the Senate rejected Prime Minister Kevin Rudd’s A$42 billion ($27.4 billion) stimulus package aimed at helping the economy avoid a recession. New Zealand’s currency rose. The vote in Austr [...]

Posted On : Feb, 12 2009 | Comments : 0

Australian Dollar Pummeled by Falling Stocks and Commodities...

The Australian dollar has broken to new lows today as global stock markets and commodity prices plummet.The Aussie is considered a commodity-based, higher risk currency and today's developments did nothing but scare traders away. "Ren [...]

Posted On : Jan, 15 2009 | Comments : 0

Australian dollar opens down on gloomy data

The Australian dollar has opened weaker as gloomy US economic data reinforced fears of a global recession and had investors shy from higher-yielding currencies. At 0700 AEDT, the Australian dollar was trading at $US0.6691/98, from Friday's [...]