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Australian Dollar news

Showing stories 1 - 10 of about 65   

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The highs and lows of a strong dollar
However, Maroulis foresees some negative effects if the dollar remains at its current levels. Most of his customers are net exporters - mainly cotton farmers and wheat farmers - and are already feeling the effect of a high Australian dollar. He has ...
Australian dollar dearest of top economies
Australia's relative prices have soared from a decade ago, when goods and services that cost $100 to produce in the US could be produced here for $73.
Australian Dollar Accounts for 3% of Kazakh Currency Reserves
The same day, Bank of Thailand's then Deputy Governor Suchada Kirakul told reporters that the central bank has held Australian dollars in its foreign reserve for many years as a way to diversify risk. “Still the amount is not much and we have limit for ...
Goldman Sachs Declares War on the Australian Dollar
'A fall in the Aussie dollar by 50% (against the US dollar, the euro, or both) would do the trick. You'd see the Aussie gold price catch up with the US price.
S&P 500 VIX Predicts Australian Dollar Could Turn Lower
The US S&P 500 Volatility Index (VIX) trades near multi-year lows, and current levels have coincided with important turnarounds in the S&P and the highly-correlated Australian Dollar. Indeed, current VIX levels of approximately 15% have most recently ...
European debt crisis and a strong Aussie dollar means cheaper cars for cashed ...
The strong Australian dollar and the European debt crisis have created a perfect storm to make way for the cheapest new cars since the Global Financial Crisis hit in late 2008, when big brands discounted drastically in a desperate bid to raise capital ...
High times for Aussie dollar
The strong Australian dollar strong is keeping currency traders busy in an otherwise stagnant market. AFP. by Gayle Bryant.
RBA hoards reserves in 'passive' intervention  Sydney Morning Herald
The RBA – leaning against the wind  FT Alphaville
Aussie Dollar En Route to New Highs, Says Citi
Investment bank Citigroup says the Aussie dollar is set for new post-float highs in 2013, driven by ultra-loose monetary policy in the U.S.
Goldman Sees Aussie Trade Of The Century
Goldman Sachs says there's gold to be struck in going long the euro against the Aussie dollar, which could prove a 'trade of the century.
Australian, New Zealand dollar riding high on Chinese data
Mecklai Graph: Kiwi, Kangaroo riding on the Dragon. Australia's dollar touched the strongest level in two weeks after Chinese data showed signs of economic stabilization, brightening the export outlook for the South Pacific nation.
Aussie dollar hits 2-week highs vs USD, kiwi also firmer  Business Recorder (blog)