Search Results for: Australia dollar
Strong Demand for Australian Bonds
August 28th, 2014
The strongest demand at Australian bond auctions in a decade reflects yields in a sweet spot: more stable than those in the U.S. and higher than those in Europe. Reserve Bank of Australia Governor Glenn Stevens has said he ...
Five Australian banks face class actions on fees
August 12th, 2014
Australian legal firm Maurice Blackburn said on Tuesday it had filed open class actions against five banks over late credit card fees worth hundreds of millions of dollars. The legal proceedings could become one of Australia’s biggest ever class ...
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Australia 200 – Receives Solid Support from 5400 Level
August 11th, 2014
Australia 200 for Monday, August 11, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Russia Bans All Food Imports From U.S., EU, Australia, Canada, Norway
August 8th, 2014
Russia banned most food imports from the West on Thursday in retaliation for sanctions over Ukraine, an unexpectedly sweeping move that will cost farmers in North America, Europe and Australia billions of dollars but will also likely lead to ...
Australia 200 – Returns to Familiar Territory Below 5500
August 7th, 2014
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...
Asia stocks steady after Wall Street rally, dollar off peaks
August 5th, 2014
Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, souring the positive mood from upbeat U.S. earnings and relief over Portugal’s rescue of its largest bank. Spreadbetters saw Europe faring ...
Dollar heads for third weekly gain on economic outlook
August 1st, 2014
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
Dollar Holds Longest Yen Gains After U.S. GDP
July 31st, 2014
The dollar headed for its biggest monthly gain versus the euro since February last year as signs the U.S. economy is strengthening spurred traders to boost predictions for higher Federal Reserve rates. The U.S. currency has risen versus all ...
Australia repeals controversial carbon tax
July 17th, 2014
Australia’s government repealed a much-maligned carbon tax on the nation’s worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it. The Senate voted 39 to 32 ...