Search Results for 'Australian'

Canadian, Australian and New Zealand dollars give back gains

The Canadian, Australian and New Zealand dollars all gave back their gains today on the combination of weaker economic data and softer demand for high yielding currencies. Even though Canadian consumer prices were in line with expectati [...]

Posted On : Sep, 04 2007 | Comments : 0

Australian, N.Z. Dollars Fall; Bankrupt Fund Deters Carry Trade

Australian, N.Z. Dollars Fall; Bankrupt Fund Deters Carry Tr...

The Australian and New Zealand dollars fell against the yen, in the biggest fluctuation in currency markets, after an Australian hedge fund filed for bankruptcy protection on subprime mortgage defaults.The two favorites for the carry trade [...]

Posted On : Aug, 30 2007 | Comments : 0

Australian Dollar Breaks below 80 Cents, New Zealand Dollar ...

The Australian and New Zealand dollars were the biggest losers in the currency market today. The Australian dollar is down 5 percent against the Japanese Yen and 3 percent against the US dollar. The New Zealand dollar on the other hand is [...]

Posted On : Aug, 19 2007 | Comments : 0

Australian Central Bank Attempts to Prop Up Currency

 Australia's central bank bought the nation's currency for the first time in six years to stem the steepest drop since it was allowed to trade freely in 1983.The global credit crunch has made financial markets ``extremely skittish,'' c [...]

Posted On : Aug, 17 2007 | Comments : 0

Australian, Canadian and New Zealand dollars all up strongly

The Australian, New Zealand and Canadian dollars are all up strongly today despite the drop in both oil and gold prices. New Zealand labour costs increased more than expected in the second quarter, which suggests that the labour market [...]

Posted On : Aug, 17 2007 | Comments : 0

More Gains in Store for the Australian Dollar, Finance Minis...

The Australian dollar climbed to new highs against the US dollar despite the lack of economic data. Big investors here in the US and in Japan continued to plow into the currency on expectations that the Reserve Bank of Australia may raise [...]

Posted On : Jul, 26 2007 | Comments : 0

Australian Dollar Hits 16 Year, New Zealand Dollar Stages St...

It is clear that the market is still hungry for yield because the New Zealand dollar staged a very strong recovery today while the Australian dollar hit a 16 year high despite weaker consumer confidence. Australian employment figures ar [...]

Posted On : Jul, 19 2007 | Comments : 0

Australian Dollar Rises to 16-Year High Versus Yen on Yield

Australian Dollar Rises to 16-Year High Versus Yen on Yield

The Australian dollar rose to a 16- year high against the yen on speculation strengthening global growth will give investors confidence to buy higher-yielding currencies with funds borrowed in Japan, so-called carry trades.The currency also [...]

Posted On : Jul, 09 2007 | Comments : 0
Search this blog..
 
Copyright ©2012 CurrencyBits.com - All Rights Reserved. / .076