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Showing 1111 - 1120 of 1263 results for "US dollar"

Midday Market Wrap: Dollar driven down by strong US currency

The Australian dollar was weaker at noon, driven down by a stronger US dollar. At 1200 AEDT the Australian dollar was trading at $US0.7065/69 compared with yesterday's close of 0.7121/26. It reached a high of $US0.7074 and a low of $0.7053 in morning ...

Dollar looks set for more solid gains

... momentum, commodity prices and the Australian dollar will have further to run. As always there are some risks. If the US dollar is starting to correct, the Australian dollar will find it hard to make headway against a resurgent US dollar.."

Australian equities may under-perform as a result of rising interest rates

... relative to these other regions." She also commented on the dollar by saying that although the structural decline in the US dollar is the main driver behind the Australian dollar appreciation this year, the earlier tightening cycle in Australia is likely ...

Morning Market Wrap: Dollar weaker after US jobless claims plunge

The Australian dollar opened weaker today against a broadly stronger US dollar but remained within its recent range above important support levels. At 0700 AEDT the Australian dollar was trading at $US0.7058/63 compared with yesterday's close of 0.7121/26. ...

Morning Market Wrap: Dollar opens weaker

... the cash rate up 25 basis points to 5.0 per cent. The Australian dollar was unable to raise the bar further against a US dollar that rebounded strongly on better-than-expected US non-manufacturing data showing more strength in the world's largest economy. ...

Morning market wrap: US stocks head lower on disappointing jobs data

... to the open of the domestic trade session. Profit taking was witnessed after the release of the US jobs data and the US dollar headed south against all its major rivals but particularly the yen. The Australian dollar travelled higher in line with the ...

Midday market report: Shares surge higher on US data

... $4.69. Gold stocks were under pressure following a plunge in the price of the precious metal overnight in New York as the US dollar headed higher. In Sydney, the spot price of gold was $US6.575 lower at $US377.40 by 1040 AEDT. Newcrest Mining dropped ...

Morning Market Wrap: Dollar sinks below $US0.7000

... dollar was knocked from its perch at $US0.7092 when the ISM was released, plunging to a low in New York of $US0.6976. The US dollar flexed its muscle for the first time in more than a month as traders read the manufacturing data as a sign that the emerging ...

Morning Market Wrap: Caution ahead of data releases

... high of $US0.7108 it reached on Friday. The Australian dollar managed to outperform the major currencies against the US dollar overnight on Friday. A return to positive sentiment in financial markets about the economic recovery in the world's largest ...

Afternoon market wrap: Local shares close higher

... yesterday's close of 0.7054/59. The local unit crept higher in domestic trade after sliding to $US0.7030 overnight as the US dollar returned to strength. In addition to US GDP figures, US Treasury secretary John Snow is due to testify to Congress on ...