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| | | ... said Martin Goss, senior investment consultant, Towers Watson, Australia. The rise of the Australian dollar against the US dollar and Euro, increasing investment sophistication and the shift towards alternative assets at the expense of equities have ... |
| | | | ... of $US1.4227. It later rallied back to $US1.4262 but was still down from $US1.4374 late in New York on Wednesday. The US dollar rose to 76.91 yen after 76.62 yen. European stocks sagged early in the day after the release of data showing eurozone manufacturing ... |
| | | | ... cent after slumping earlier. In currencies, the euro dropped to $US1.4416 from $US1.4447 late Tuesday in New York. The US dollar fell to 76.50 yen from 76.72 yen. HONG KONG - Asian markets were mostly up Wednesday, extending a recent rally on renewed ... |
| | | | ... Minister Banri Kaeida in a second round of voting to effectively become Japan's sixth new Prime Minister in five years. The US dollar edged up to 76.69 yen from 76.65 in Tokyo afternoon trade. The voting came after Naoto Kan resigned as premier on Friday ... |
| | | | ... continued to improve. "This morning we have seen the S&P ASX200 move over one per cent higher, which drove the Australian/US dollar exchange rate through 1.06 in what was a positive commencement to the week by risk assets," Mr Waterer said. The local ... |
| | | | The Australian dollar gained half a US cent as hopes grew that the US central bank would launch a third round of economic stimulus. Market optimism was boosted by rising hopes the US Federal Reserve will offer new stimulus measures to kick-start the ... |
| | | | ... 103.75 cents on Friday. Since 1700 (AEST) on Friday, the local unit traded between 103.15 US cents and 104.81 cents. The US dollar hit a new post World War II low against the yen after a Wall Street Journal report cited Japan's top currency official ... |
| | | | ... HiFX trading director Mike Hollows said the Australian dollar had tracked the euro higher overnight against broad-based US dollar weakness. "We did see a reasonably sharp move up from 105.10 US cents overnight," Mr Hollows said. "It was in part supported ... |
| | | | ... slump in equity markets. Nobody could accused it now of artificially boosting stock market prices or cheapening the US dollar or creating a bubble in commodity markets - which, in turn, puts upward pressure on inflation around the globe. When the Fed ... |
| | | | ... threatening future downgrades. Bondholders have been concerned by the size of US debt and the decline in value of the US dollar, eroding the purchasing power of their investments. Bill Gross, managing director of bond fund PIMCO, sold out of US Treasuries ... |
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