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Morning Market Wrap: Dollar hits fresh highs

The Australian dollar hit a fresh six-year high of $US0.7177 overnight as the US dollar weakened, buoyed by speculation of a widening interest rate differential with the United States. At 0700 AEDT the Australian dollar was trading at $US0.7156/61 compared ...

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 ...

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. ...

Afternoon market wrap: Shares, dollar end higher

The Australian share market made it into positive territory just before the close of trading today, despite being weighed down by the banking sector for most of the session. Gains by market heavyweight News Corp and resource stocks managed to reverse ...

Midday Market Wrap: Dollar weaker, but responding to low unemployment rate

The Australian dollar was weaker at noon but had jumped higher on news that Australia's unemployment rate had plunged to a near 14-year low of 5.6 per cent in October. At 1200 AEDT the Australian dollar was trading at $US0.7094/99 compared with yesterday's ...

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened slightly weaker today but was remaining buoyant within close proximity of six-year highs after jumping one US cent yesterday in response to a surprise interest rate hike. At 0700 AEDT the Australian dollar was trading at ...

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

U.S. stocks slipped on Tuesday as investors caught their breath after pushing major market gauges to fresh 2003 highs in the previous session and awaited more earnings and economic data later this week. The Dow Jones industrial average closed down 19.63 ...

Afternoon market report: Trade thins as Melbourne Cup takes precedence

WITH AAP  |  TUESDAY, 4 NOV 2003
The Melbourne Cup took centre stage as afternoon trade on the Australian share market slowed to a dribble, although the broader market indexes still managed to end the day in positive territory. "The market was a lot stronger earlier in the day when ...

Midday market report: Shares surge higher on US data

The Australian stock market opened higher today following a surge by stocks on Wall Street overnight. The benchmark S&P/ASX 200 index was 16.6 points higher at 3273.1 in early trade while the all ordinaries index had leapt 20.0 points to 3273.1. Overnight ...

Australian business increasingly bullish on 2004

AAP  |  TUESDAY, 4 NOV 2003
Australian businesses remain bullish about 2004 with capital investment intentions on the rise, a survey has found. The October Dun & Bradstreet (D&B) survey shows the business outlook is much stronger than it was at the same time in 2002. D&B Australia ...