Search Results for 'Australian'

Australian Core Inflation Quickens; Currency Gains as Rate-C...

Australia’s core inflation rate accelerated above the middle of the central bank’s 2 percent to 3 percent annual target range last quarter, prompting traders to pare bets on another interest-rate reduction next month. The a [...]

Posted On : Jan, 25 2012 | Comments : 0

Australian currency rises on US jobless, homes data

Further helping the local currency, and sentiment about the Australian economy, Australian house prices saw the first monthly rise in a year in November, buoyed in part by the first cut in interest rates from the Reserve Bank of Australia [...]

Posted On : Dec, 30 2011 | Comments : 0

Australian Currency Falls Against Dollar on Italy Debt Conce...

The Australian dollar dropped against its U.S. counterpart as concern the European sovereign-debt crisis is spreading to Italy sapped demand for riskier assets. The Aussie advanced earlier along with the New Zealand dollar after Greek [...]

Posted On : Nov, 08 2011 | Comments : 0

CSL earnings hurt by unfavourable currency rates on high Aus...

GLOBAL plasma therapies supplier CSL said full-year net profit fell 11 per cent after the company suffered a $116 million hit from unfavourable foreign exchange rates. CSL's net profit for the year ended June 30 was $940.6 million, do [...]

Posted On : Aug, 17 2011 | Comments : 0

Australian Retail Sales Shrink, Hitting Currency

Gloom in Australia's retail sector deepened in June with sales falling unexpectedly, with the outcome further eroding support for the Australian dollar, which touched its lowest levels since mid-July. Australian retail sales fell 0 [...]

Posted On : Aug, 03 2011 | Comments : 0

Fibonacci correction may drag Australian dollar to $US1.0171

The Aussie climbed to $US1.0315 yesterday, its highest since it became a free-floating currency in 1983, as recent intervention by industrialised economies to weaken the yen reinvigorated carry trades, by which investors borrow low-inter [...]

Posted On : Mar, 29 2011 | Comments : 0

Australian Dollar Touches 2-Week Low on China Export Data, J...

The Australian dollar fell to a two-week low after China, the South Pacific nation’s largest trading partner, posted an unexpected trade deficit in February. Australia’s currency declined versus all of its 16 major count [...]

Posted On : Mar, 10 2011 | Comments : 0

Australian Dollar's Summer Heat Faces European Cold Front

Australia's ongoing mining boom has the country's surging currency positioned to remain near its highest point against the U.S. dollar in almost three decades, but a set of January bond auctions on the other side of the world cou [...]

Posted On : Dec, 30 2010 | Comments : 0

Australian Dollar Up Late; Reaches Highest Point Since Float

The Australian dollar rallied back above parity with the U.S. dollar and traded at its highest level since the currency was floated in 1983 on Thursday as the U.S. Federal Reserve outlined a second round of quantitative easing. Australia [...]

Posted On : Nov, 04 2010 | Comments : 0

Australian dollar breaks US96c, shares surge

The local currency was trading at US96.08 in early trade -- its highest level since it touched US97.92c on July 25, 2008. The Australian sharemarket also opened strongly after the positive leads. In early trade, the benchmark S&P/ASX [...]

Posted On : Sep, 27 2010 | Comments : 0

Australian dollar up to 4 months late high, rate increases b...

Australian dollar burned its way to a four month high Thursday in Asia. The numbers of jobs sterling pumped the flames of another rate hike by the central bank later this year. It promotes tapering of financial policy by the Reserve Bank [...]

Posted On : Sep, 10 2010 | Comments : 0

Australian, New Zealand Dollar Falls Affecting China’s Growt...

The demands for exports from South Pacific nations will decrease in China, as a consequence of the fall of Australian and New Zealand Dollar. China’s growth domestic product became 10.3 percent in the second quarter and the ind [...]

Posted On : Jul, 16 2010 | Comments : 0

Australian Dollar Drops Amid Concerns Over Global Growth

The Aussie Dollar receded from near a three-week rise in the midst of concerns over worldwide expansion and that its newest increases might have arrived too quickly. New Zealand's currency dropped before reports this week in all [...]

Posted On : Jul, 13 2010 | Comments : 0

Australian dollar better placed than rival Canadian currenc...

And as investors return to riskier assets, analysts are highlighting a currency from the north and one from Down Under. Both are attractive, but for different reasons. The Australian dollar holds an edge in the short term because of curr [...]