Search Results for: Australia dollar
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Yen Drops as Abe Delays Sales Tax, Calls Early Vote; Ruble Rises
November 18th, 2014
The yen fell against the euro and touched its weakest in more than seven years against the dollar as Japanese Prime Minister Shinzo Abe called an early election and suspended a planned sales-tax increase. Japan’s currency slipped against most ...
Pound Falls a Fourth Day as Carney Signals Disinflation Risks
November 17th, 2014
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation is slowing. U.K. government bonds rose along with Treasuries, pushing 10-year gilt ...
Yen Falls to 7-Year Low on Election-Stimulus Speculation
November 17th, 2014
The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a recession. Japan’s currency climbed from the weakest level since October ...
Sydney Yuan Hub Seen Saving Importers 7% in Trading: Currencies
November 17th, 2014
Australian importers are in line for a windfall as speculation grows that Chinese President Xi Jinping will use his visit to the country this week to anoint Sydney as a yuan trading center. The ability to exchange Australian dollars ...
Most Asian Stocks Climb as Topix Advances on U.S. Rally
November 11th, 2014
Most Asian stocks rose as Japan’s Topix index climbed after the yen extended losses and corporate earnings beat estimates. Nissan Motor Co. (7201), which gets 43 percent of its revenue in North America, gained 1.4 percent. Amorepacific Corp. surged 9.3 percent in ...
Singapore Returns Up to $9 Billion to Banks in Rate Probe
November 7th, 2014
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...
Gold Slumps With Silver to Lowest Since ’10 as Platinum Retreats
November 7th, 2014
Gold and silver tumbled to the lowest level in more than four years as a gauge of the dollar headed for the biggest weekly advance in more than 12 months, curbing demand. Platinum dropped to the lowest since 2009. ...
