Australian dollar hits three-year low before taper announcement Canberra Times Catalyst for fall: Chairman of the US Federal Reserve, Ben Bernanke. Photo: Bloomberg | US Fed announces it will taper by $US10 billion a month Wall Street jumps on taper announcement What is tapering? | The Australian dollar traded violently and bri...
Dollar hits three-year low after taper announcement Sydney Morning Herald The Australian dollar traded violently and briefly fell to its lowest levels in more than three years as the US Federal Reserve started a wind-back of its unprecedented stimulus program, which has supported the currency. | The local dollar fell to as...
Aussie dollar weaker as Fed taper vigil continues Sydney Morning Herald The Australian dollar has remained weak ahead of a much-anticipated US Federal Reserve meeting, which could see a wind-back of the stimulus program that has supported the currency. | Caution in foreign exchange markets came as Reserve Bank governor G...
Dollar edges lower in quiet session Sydney Morning Herald The Australian dollar is slightly lower in quiet trade ahead of the outcome of a US Federal Reserve meeting. | At 1300 AEDT on Tuesday, the local unit was trading at 89.50 US cents, down from 89.54 cents on Monday. During the morning, the curre...
Dollar bounces back amid cautious trade Sydney Morning Herald Cautious trading in foreign exchange markets has seen the Australian dollar pare back some of its recent loses, with the currency bouncing back slightly. | Currency strategists said investors were continuing to reduce their exposure to risk positions...
Dollar follows global stock markets higher Sydney Morning Herald The Australian dollar is higher amid strong data out of China and the US and a rally on global stock markets. | At 0630 AEDT on Tuesday, the local unit was trading at 91.05 US cents, up from 90.90 cents on Monday. | The Australian dollar has been boo...
Dollar follows global stock markets higher Canberra Times The Australian dollar is higher amid strong data out of China and the US and a rally on global stock markets. | At 0630 AEDT on Tuesday, the local unit was trading at 91.05 US cents, up from 90.90 cents on Monday. | The Australian dollar has been boo...
Australian dollar holding up despite taper talk Canberra Times Michael Pascoe: Forecasting the $A is a mug’s game, as Glenn Stevens knows | The Australian dollar has remain resilient despite expectations that strong US jobs data would weaken the currency as stimulus reduction expectations are brought ...
(photo: Russian Presidential Press and Information Office)
Hollande: EU banking union cure against bailouts US News Comment () Tweet | BRUSSELS (AP) — French President Francois Hollande says the creation of a new institution to handle troubled banks will spare taxpayers from having to pay for further bank bailouts. | Hollande said Thursday ahead of a summit of the European Union's 28 leaders that the agreement on how to set up and fund a centralized Europe...
Rupee up 9 paise on strong equities The Hindu The rupee ended nine paise stronger at 62.03 against the dollar on stronger domestic equity market and foreign inflows. The domestic unit opened weaker at 62.40 as the market factored in late Wednesday’s news on gradual tapering of the quantitative easing of the US fiscal stimulus programme by $10 billion every month. | However, the unit cont...