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Australian Dollar news

Showing stories 1 - 10 of about 76   

Articles published

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
Kazakhstan holds 3 percent of its $30.1 billion of foreign exchange reserves in Australian dollars, the oil-rich nation's central bank said, underscoring demand for the currency as countries diversify their assets.
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 ...
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
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 ...
Aussie Dollar En Route to New Highs, Says Citi
Investment bank Citigroup saC +0.24%ys the Aussie dollar is set for new post-float highs in 2013, driven by ultra-loose monetary policy in the U.S.
Australian dollar uninspired by budget
Against the New Zealand dollar, the Aussie slipped 0.2 percent to NZ$1.2615, retreating from last week's three-week peak of NZ$1.2674.
Goldman Sees Aussie Trade Of The Century
At the genesis of his thinking is that much of Europe's bad news is priced in whereas the headwinds for the Australian dollar are only now building from slower Chinese growth, interest rate cuts by the Reserve Bank of Australia and tighter fiscal policy.