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Showing 51 - 60 of 1396 results for "Australian dollar"

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
... currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to foreign currency exposures while ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... effectiveness of further monetary stimulus measures," he said. "But significant considerations like the strength of the Australian dollar and a lagging Victorian economy have supported the case for further easing." "I suspect the horse races weren't ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... technology could bring great benefits to our neighbouring jurisdictions in the Pacific who are highly reliant on Australian dollar remittances," he said.

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... seen as the "norm" in previous years is not appropriate for these unique times." Bill moved the markets. The Australian dollar dropped from US$0.7171 to US$0.7115 and continued to fall to as low as US$0.7060 in overnight trade. The bank bill swap rate ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... on a regular basis. (2) Foreign exchange intervention is another potential policy option. However, with the Australian dollar broadly aligned with its fundamentals, it is not clear this would be effective in the current circumstances. (3) lower the current ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar at a time when uncertainty is at its extreme - that even fiscal and monetary authorities put "extent and duration of the ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
... shares plummeted more than 23% in the March quarter, the portfolio fell by just 6.5%, assisted by a drop in the Australian dollar. The performance of infrastructure assets varied considerably, Argo said, with some sectors harder hit by social distancing ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... said. Oliver believes gold's record highs have a weakening US dollar to blame. "The recent surge in gold and the Australian dollar have one thing in common - namely an emerging breakdown in the US dollar. The $US surged during the early phase of the ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
Neobank Xinja has announced plans to launch a US share trading platform Dabble, giving investors access to over 3000 stocks and exchange traded funds (ETFs). Xinja claims Dabble will make names like Tesla, Facebook, Google and Amazon accessible and ...