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Showing 521 - 530 of 643 results for "dollar-A"

Westpac says cash earnings ahead for same period in 2003

AAP  |  THURSDAY, 25 MAR 2004
Westpac chief financial officer Philp Chronican said today the bank's cash earnings for all it major businesses were tracking ahead of the same period in 2003. Speaking at the Credit Suisse First Boston Asian Investment conference, Mr Chronican also ...

RBA leaves rates unchanged, needs more time: economists

AAP  |  WEDNESDAY, 3 MAR 2004
The Reserve Bank of Australia's (RBA) decision to leave interest rates unchanged would give it more time to assess the effect of the strong local dollar and slowing housing sector on the economy, economists said today. The central bank today left the ...

Market Wrap

AAP  |  WEDNESDAY, 25 FEB 2004
The Australian dollar opened higher after a United States report showed consumer confidence was weaker than expected, causing traders to sell the US dollar against most major currencies. At 0700 AEDT the local currency was trading at $US0.7792/97 compared ...

Market Wrap

U.S. stocks rose on Tuesday, erasing the previous session's losses, as investors anticipated upbeat comments on the economy from Federal Reserve Chairman Alan Greenspan in testimony on Wednesday. The Dow was lifted by manufacturer 3M Co., which raised ...

Market Wrap

The Australian dollar opened little changed after yesterday rising by more than one US cent following the release of the Reserve Bank of Australia's quarterly monetary policy statement. At 0700 AEDT the local currency was trading at $US0.7755/60 compared ...

Strong A$ not all bad news for exporters: CommSec

AAP  |  FRIDAY, 30 JAN 2004
A report on the way a strong Aussie dollar affects share prices has challenged conventional wisdom that it is bad for exporters, saying resource shares can gain value alongside a muscular local currency. The CommSec report argues the impact of the stronger ...

Market Wrap

AAP  |  THURSDAY, 29 JAN 2004
The Australian dollar fell almost 1% against a surging US dollar after the US Federal Reserve softened its commitment to maintain interest rates at current record lows for a considerable period. At 0700 AEDT the local currency was trading at $US0.7734/39 ...

Vaile warns RBA board on impact of dollar

AAP  |  THURSDAY, 22 JAN 2004
The Reserve Bank of Australia board had to take into consideration the strong dollar and its impact on exporters when it next meets, Trade Minister Mark Vaile said. Mr Vaile said a further rise in interest rates would only strengthen the Australian ...

Midday Market wrap: $A weaker at noon, bonds firmer

AAP  |  WEDNESDAY, 17 DEC 2003
The Australian dollar was slightly weaker at noon, as it retreated in local trading after hitting a new six-year high for the second consecutive session overnight. The local unit reached a peak of 74.55 US cents against the greenback early in the overnight ...

Morning Market Wrap: Dollar firms in early Asian trade

The Australian dollar opened stronger today, firming in early Asian trade after falling alongside the euro overnight. At 0700 AEDT the local unit was trading at $US0.7392/97 compared with yesterday's close of 0.7363/73. The Australian dollar fell to ...