Search Results for: Aussie
Australian dollar lifts to 3-day high on confidence boost
July 8th, 2014
The Australian dollar rose to a three-day high today as improved domestic business confidence data sparked a further recovery after it hit a two-week low last week. National Australia Bank’s Business Confidence Index rose a point to positive eight ...
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
Australia 200 – Not Getting ‘Carried Away’ Above 5500
July 8th, 2014
Australia 200 for Tuesday, July 8, 2014 So will the Australia 200 Index be able to maintain its break through the key resistance level at 5500 having enjoyed a solid week last week? It reversed a little yesterday after ...
Technical Analysis AUD/USD – Resistance at 0.9425 Looms Large Again
July 8th, 2014
Technical Analysis AUD/USD for Tuesday, July 8, 2014 To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week. The Australian dollar enjoyed a solid surge ...
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Australian GDP Pickup Suggests RBA Transition Working
June 4th, 2014
Australia’s economy grew at the fastest pace in two years as surging exports and home building showed record-low borrowing costs are sustaining a 22-year expansion even as mining investment slows. First-quarter gross domestic product advanced 1.1 percent from the ...
Euro feels impact of European elections – Euro Currency update
May 27th, 2014
Currencies Outlook of May 27th The Euro The Euro is weaker against most of its rivals as the impact of last week’s European elections continues to be felt. Victory for Euro-sceptic parties weighed upon the single currency. Also piling ...
Australian GMO ‘Contamination’ Case Could Have International Repercussions
May 9th, 2014
Australian farmers Steve Marsh and Mick Baxter grew up together, were once schoolmates, and have grown crops on their neighboring farms for years. But the emergence of GMO technology has driven a wedge between the long-time friends, leaving them ...
Euro Drops From 2 1/2-Year High as Draghi Hints at June Action
May 8th, 2014
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in June if needed. The common currency dropped versus all except ...
Dollar Gains 7th Day as Economic Data Signal Growth
April 22nd, 2014
The dollar gained for a seventh day against a basket of peers, the longest streak in almost a year, as revised data in a Federal Reserve Bank of Chicago index signaled greater-than-forecast strength in the U.S. economy. The yen ...
