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| | | Australians all, let us rejoice for exactly on the day we celebrated our national day, the A-dollar dropped to US$0.7855 - its lowest level since July 2009 - bringing it closer to the US$0.75 mark that would make RBA Governor Glenn Stevens a happy little ... |
| | | | ... above the $1.27 billion originally announced for the year to March 2014. Cited reasons for this include the 6.5% Australian dollar depreciation since October, sales and trading volatility and increased performance fees from the group's managed funds ... |
| | | | ... ascended $1.73 to $59.98. Macquarie Group is on track to post its biggest profit in eight years as the lower Australian dollar and improved market activity bolsters its earnings. GUD Holdings, the owner of the kitchen appliances brand Sunbeam, ascended ... |
| | | | ... for the economy will make it tough for earnings growth to come through. That means that despite a drop in the Australian dollar to 82 US cents, a better risk-reward proposition might be found off-shore. "Global markets are back at their highs and we ... |
| | | | ... more or less is my diagnosis I think... confidence is the thing that is kind of the missing ingredient." The Australian dollar: "Well, I think it's quite likely that it will a year from now be lower than it is today, on the basis of the facts that we ... |
| | | | ... weekend. Major central banks boosting their respective economies are also good for Australia - so is the weakening Australian dollar. Being one of the very few select countries still rated AAA says it all. But nah, Australia is doomed! We're already ... |
| | | | ... 'We'd better stay away. The Australian economy will be hit by the commodity downturn, and even if it's not, the Australian dollar will fall further, leading to losses on our investment.'" Oliver said he expects the dollar to fall to between 75 and 80 ... |
| | | | ... August next year, at the rate of around 25 basis points every couple of months. Mead also pointed out that the Australian dollar has been the second strongest currency in the G10 in 2014. "Even though the Aussie dollar has fallen versus the US dollar," ... |
| | | | ... to cut them again." The consensus also underestimates the impact of continued stubbornness in the overvalued Australian dollar. "Countries like Australia, which are not implementing QE, continue to stand out as being high-interest-rate countries. This ... |
| | | | ... prediction. But then wouldn't a strengthening dollar-A weaken the Australian economy that, in turn, weaken the Australian dollar? Adam wins! Those who've watched the currency markets long enough - if they haven't gone cuckoo yet - would know that currency ... |
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