Credit Suisse backs reflation trade
Despite a slide in US bond yields, slump in iron ore and equities pullback, Credit Suisse expects "reflation to return".
Foreign Exchange
Wholesale Interbank Rates
As at (delayed by 30 minutes)| Currencies | $1 AUD Buys | $1 AUD Sells | Movement by Price | Movement by % | |
|---|---|---|---|---|---|
| USD | United States Dollar | 0.7515 | 0.7511 | -0.0024fall | -0.32% fall |
| JPY | Japanese Yen | 83.6100 | 83.5500 | -0.1500fall | -0.18% fall |
| EUR | Euro | 0.6871 | 0.6865 | -0.0031fall | -0.45% fall |
| GBP | British Pound | 0.5853 | 0.5849 | -0.0018fall | -0.31% fall |
| CAD | Canadian Dollar | 1.0198 | 1.0191 | -0.0033fall | -0.32% fall |
| CNY | China Yuan Renminbi | 5.1751 | 5.1718 | -0.0141fall | -0.27% fall |
| HKD | Hong Kong Dollar | 5.8482 | 5.8448 | -0.0171fall | -0.29% fall |
| INR | Indian Rupee | 48.3590 | 48.3030 | -0.1660fall | -0.34% fall |
| IDR | Indonesian Rupiah | 9982.1700 | 9974.6100 | -28.1000fall | -0.28% fall |
| MYR | Malaysian Ringgit | 3.2743 | 3.2703 | -0.0217fall | -0.66% fall |
| NZD | New Zealand Dollar | 1.0852 | 1.0840 | 0.0003rise | 0.03% rise |
| SGD | Singapore Dollar | 1.0468 | 1.0456 | -0.0043fall | -0.41% fall |
| ZAR | South African Rand | 9.8310 | 9.8210 | -0.0122fall | -0.12% fall |
| CHF | Swiss Franc | 0.7458 | 0.7453 | -0.0032fall | -0.43% fall |
| THB | Thailand Baht | 25.8800 | 25.8600 | -0.0800fall | -0.31% fall |
Major Currency Cross Rates
As at (updated every 30 minutes)| Currency | AUD | USD | EUR | GBP | JPY | NZD |
|---|---|---|---|---|---|---|
| $1 AUD | 1.0000 | 0.7511 | 0.6865 | 0.5849 | 83.5500 | 1.0840 |
| $1 USD | 1.3307 | 1.0000 | 0.9140 | 0.7787 | 111.2400 | 1.4432 |
| €1 EUR | 1.4555 | 1.0938 | 1.0000 | 0.8517 | 121.6700 | 1.5786 |
| £1 GBP | 1.7086 | 1.2840 | 1.1736 | 1.0000 | 142.8300 | 1.8531 |
| ¥1 JPY | 0.0120 | 0.0090 | 0.0082 | 0.0070 | 1.0000 | 0.0130 |
| $1 NZD | 0.9215 | 0.6925 | 0.6329 | 0.5392 | 77.0300 | 1.0000 |
Stock Watch
Chinese equities wilt under capital crackdown
A widespread credit crackdown in China is roiling a range of Chinese asset classes but economists including Andy Xie are welcoming the government's moves.
Le Pen ducks euro exit question
French presidential candidate Marine Le Pen sought to soften her position on Europe, and her plans for the euro if elected.