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Showing 1 - 10 of 216 results for "US cents"

VanEck anticipates AUD surge

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
... the Australian dollar, says VanEck head of investments and capital markets Russel Chesler, which could see it hit 80 US cents. Following the recent rise in the Australian dollar, Chesler said that Australia's terms of trade are improving, primarily driven ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... the average pay of three million bolivars per month becomes 180 million monthly (equivalent to a pay increase from 50 US cents to US$30). This would allow Venezuelans to increase their consumption of chicken (which according to The Guardian daily, costs ...

Market Wrap AM

AAP  |  THURSDAY, 28 MAY 2015
... Tiffany vaulted 10.5 per cent higher as first-quarter earnings translated to 81 cents per share, much higher than the 70 US cents projected by analysts. LONDON - European equity markets have closed sharply higher before a G7 finance meeting focusing ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
... trading processes and not misconduct. As reported in Financial Standard on April 8, the Australian dollar rose to 76.07 US cents (from 75.97) just prior to the RBA's announcement, which surprised many economists who were expecting further rate cuts. ...

Overseas investors flocking to Australian bonds

DARREN SNYDER  |  THURSDAY, 23 APR 2015
... interest rates by at least 50 basis points before year's end. Miller also believes the Aussie dollar will fall to 70 US cents by December. "When interest rates are at a low level, cash returns sink. Not many years ago you would have bought Aussie bonds. ...

Market wrap

AAP  |  WEDNESDAY, 22 APR 2015
... well within the Reserve Bank's target range. That caused the Australian dollar to bounce almost half a US cent to 77.60 US cents and the sharemarket to slump from flat to 0.80% lower. Quay Equities head of trading Tristan K'Nell said the fact that inflation ...

ASIC to investigate AUD spike

ALEX BURKE  |  WEDNESDAY, 8 APR 2015
... occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25%. The Australian dollar rose to 76.07 US cents (from 75.97) just prior to the RBA's announcement, which surprised many economists who were expecting further rate cuts. ...

Market Wrap PM

AAP  |  TUESDAY, 10 MAR 2015
... supplier CSL jumped $1.32 at $93.62. Telstra was 5.5 cents higher at $6.20. Meanwhile, the iron ore price has tumbled 91 US cents to $US58.58 a tonne - its lowest level since May 2009, putting further pressure on the miners. BHP Billiton shed 34 cents ...

Market Wrap PM

AAP  |  WEDNESDAY, 4 FEB 2015
... also higher as crude oil prices have rebounded almost 20 per cent in the last three days. An Australian dollar under 78 US cents was also beneficial for the resources sector. IG chief market strategist Chris Weston said low bond yields are also drawing ...

Market wrap

AAP  |  MONDAY, 2 FEB 2015
... and an uptick in oil prices helped the energy stocks and mining giant BHP Billiton. The local currency dropped to 77.26 US cents overnight, sinking closer to levels last seen in July 2009. This helped BHP, giving the broader market a boost as it entered ...
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