Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 981 - 990 of 1263 results for "US Dollar"

Saddle up the greenback

SUZY MAC  |  MONDAY, 8 OCT 2007
Former thoroughbred, the US dollar has morphed into a Shetland pony and the Aussie dollar is one of many currencies climbing on its back. Overnight trading Friday saw Australian dollar rise above US90c for the first time since June 1984 after the US ...

Sub-prime currency fall-out

SUZY MAC IS ON LEAVE  |  FRIDAY, 21 SEP 2007
... market. But low US rates stretch the country differentials causing rebound effects on global currency valuations as the US dollar comes under even more selling pressure. While we can dismiss this as just their problem, a major spin-off is that the USD ...

Market Wrap - Midday

AAP  |  FRIDAY, 14 SEP 2007
... During the morning, it traded between a low of $US0.8344 and a high of 0.8410. The Aussie dollar opened lower against the US dollar and came under pressure in morning trade as risk aversion returned to the fore on the news that UK mortgage lender Northern ...

Market Wrap - Midday

AAP  |  THURSDAY, 13 SEP 2007
... go through," Mr Rennie said. Speculation of a cut to US interest rates has also boosted the domestic currency as the US dollar has weakened.

Schroders distributes into China through Citibank

ALEX DUNNIN  |  THURSDAY, 30 AUG 2007
... Citibank's customer networks. The Citibank QDII Product - Schroder International Selection Fund will contain the Schroder ISF US Dollar Liquidity fund, the ISF Global Bond, the ISF Emerging Market Debt, the ISF Global Energy, the ISF BRIC fund and the ...

Market wrap - midday

AAP  |  WEDNESDAY, 15 AUG 2007
The Australian dollar was weaker at noon, continuing its recent slide against both the US dollar and Japanese yen on the back of a lack in investor confidence. At 1200 AEST, the Australian dollar was trading at $US0.8317/23, down from yesterday's close ...

Virtual bank collapse a warning to online world

CHRIS NICHOLLS  |  WEDNESDAY, 15 AUG 2007
The recent collapse of popular online role-playing game Second Life's largest bank has highlighted the problems an unregulated economy can have, even a virtual one. Last week, the game's biggest bank, Ginko Bank, closed after depositors rushed to withdraw ...

Zenith rates local NY fund replica 'Highly Recommended'

CHRIS NICHOLLS  |  FRIDAY, 27 JUL 2007
... has rated US-based New York Venture Fund replica AFM Davis Value Trust 'Highly Recommended'. The fund is an unhedged US dollar denominated trust with shares in large cap companies like Amex, Citigroup, Berkshire Hathaway, Kraft, AIG, Microsoft and Harley ...

Market Wrap - Midday

AAP  |  MONDAY, 16 JUL 2007
... holding firmly above the 87 US cent mark as demand for high yielding currencies continued to provide support, amid further US dollar weakness. At 1200 AEST, the Australian dollar was trading at $US0.8706/11 up from Friday's close of 0.8673/74. During ...

Economic round-up: Creaming cheese exports

SUZY MAC  |  THURSDAY, 5 JUL 2007
... such as cars, computers and clothing are on a downward trend of around 3.7 per cent. Robust commodity prices, a weak US dollar, relatively high interest rates and our private equity takeover boom have all supported the rise of our dollar and many economists ...