06252016Sat
Last update: Sat, 25 Jun 2016 04am

Australia

Markets - FXMM - Australia

Australia, NZ dollar bulls pin hopes on Britain staying in EU SYDNEY/WELLINGTON: The Australian and New Zealand dollars stayed firm on Thursday, with the kiwi a whisker short of a one-year peak, on optimism that Britain will stay in the European Union. Just hours before UK voters begin to cast their votes in a historic EU membership referendum, two opinion polls showed the "Remain" camp ahead of the "Leave" camp.The Australian dollar was last trading 0.2 percent higher at $0.7517, having earlier re-tested a near two-month peak of $0.7527 first set overnight.The New Zealand dollar was also 0.2 percent firmer at $0.7167, not far off a one-year peak of $0.7189."The atmosphere is akin to the moments before a western shootout. We know trouble is brewing yet there is a relative calmness before trouble erupts," said Matt Simpson, senior market analyst at ThinkForex."The polls will no doubt dictate the direction, trajectory and volatility of most asset classes tomorrow."New Zealand government bonds eased ...

Markets - FXMM - Australia

Chirpy Aussie dollar flirts with 75 cents, kiwi muted SYDNEY/WELLINGTON: The Australian dollar flirted with a two-week high near 75 U.S. cents on Tuesday, after the country's central bank gave no clear hint that it would ease policy again.This combined with diminishing anxiety that Britain will leave the European Union saw the Aussie climb as far as $0.7488 , a high last seen on June 9. It has since stepped back to $0.7468, up 0.2 percent on the day.Minutes of the Reserve Bank of ...

Markets - FXMM - Australia

Australia, NZ dollars rise as Brexit anxiety eases slightly SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose against the greenback and yen on Monday, underpinned by improved risk appetite as momentum swung towards Britain remaining in the European Union ahead of this week's referendum.Three opinion polls before Thursday's vote showed the 'Remain' camp gaining some traction, although the overall picture remained one of an evenly split electorate."If the UK does remain within the EU then we assume a risk-on vibe will dominate markets, to ...

Markets - FXMM - Australia

Australia dollar hold gains after jobs and Fed, NZ dollar boosted by GDP SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains against the greenback on Thursday, buoyed by better-than-expected Australian jobs data and after the U.S Federal Reserve scaled back its rate hike projections, but the Aussie hit a four-year low against the yen.The Antipodean currencies had already been on the rise on broad U.S. dollar weakness after the Fed said at its policy meeting that slower economic growth would crimp the pace of monetary policy tightening ...

Markets - FXMM - Australia

Australia, NZ dollar subdued on weak commodities, Brexit worries SYDNEY/WELLINGTON: The Australian and New Zealand dollars sagged on Wednesday, weighed by falling commodity prices and the possibility of Britain pulling out of the European Union.The Australian dollar fell to $0.7339, from $0.7358 earlier. Support was found at $0.7325, then more solidly around $0.7280-95. It touched a one-month peak of $0.7505 last week.Undermining the Aussie was commodity weakness with prices of iron ore, Australia's top export earner, edging lower for two consecutive sessions.Also weighing was ...

Markets - FXMM - Australia

Australia, NZ dollars resilient to jitters over Brexit SYDNEY/WELLINGTON: The Australian and New Zealand dollars held their ground on Tuesday as their relatively high yielding interest rates largely offset a bout of risk aversion ahead of the UK referendum.The Australian dollar edged up to 74 U.S. cents, from $0.7388 early. It remained within reach of a peak of $0.7505 touched last week when the Reserve Bank of Australia (RBA) appeared less dovish than some had expected.The central bank kept rates at a record ...

Markets - FXMM - Australia

Australia, NZ dollar steady but markets jittery over Brexit, Fed WELLINGTON: The Australian and New Zealand dollars held steady on Monday as investors avoided taking major positions amid Brexit fears and ahead of key central bank meetings this week.The U.S. dollar was under pressure after risk-averse investors piled into the safe-haven yen as growing concerns about the June 23 referendum on Britain's membership in the European Union, and a mass shooting in the Orlando, Florida on Sunday dimmed the mood."The Brexit vote is going down ...