02072016Sun
Last update: Sun, 07 Feb 2016 06am

Australia

Markets - FXMM - Australia

Dollar awaits Fed outcome, Canada's loonie bounced around by oil SYDNEY: The US dollar kept to the sidelines early on Wednesday with the market waiting for a interest rate steer from the Federal Reserve, while a fleeting rebound in oil prices sparked a short-covering rally in currencies like the Canadian dollar. Weakness in the Swiss franc caught some attention, sparking talk the Swiss National Bank could have been selling. The euro jumped to a one-year high of 1.1059 francs, while the greenback came within a whisker of 1.0200 francs - its highest in nearly two months. The dollar index last stood at 99.061, nursing a 0.3 percent fall on Tuesday. It eased against the euro and sterling and fell sharply versus its Canadian peer. The greenback managed to eke out a slim gain on the yen, which softened broadly as a rally on Wall Street dampened demand for the safe-haven Japanese currency. Wednesday's main focus will be the outcome of ...

Markets - FXMM - Australia

Yen eases as markets regain some composure, Aussie firmer SYDNEY: The safe-haven yen nursed losses early on Friday, while currencies such as the Australian dollar staged a modest rebound thanks in part to a turnaround in risk sentiment that saw Wall Street and oil prices bounce off lows. The greenback popped back above 118.00 yen, pulling well away from a four-month trough of 116.70 plumbed on Monday. The euro climbed to a one-week high of 128.75 yen, before drifting off to last stand at ...

Markets - FXMM - Australia

Euro, yen surge as commodity currencies sag on China jitters SYDNEY: The euro and yen held on to solid gains early on Friday, having enjoyed a short-covering rally as heightened risk aversion took a heavy toll on commodity currencies such as the Australian dollar.Investors were anxiously awaiting the yuan fix to see if China's central bank allowed it to fall yet further, a move that would likely intensify pressure on regional currencies and benefit the yen.Oddly, the euro was one of the few to outperform ...

Markets - FXMM - Australia

NZ dollar crawls to 2-month highs, Aussie restrained SYDNEY/WELLINGTON: The New Zealand dollar inched up to two-month hights on Tuesday buoyed by a hunt for yield, while its Australian counterpart edged off highs in thin year-end trade. The New Zealand dollar crawled up to $0.6866, its highest since mid-October, and looked on track for an increase of nearly three cents this month.The kiwi gained some ground after the US dollar held near a one-week low against a basket of currencies on some profit-taking ...

Markets - FXMM - Australia

Australia, NZ dollars nudge up, test stiff resistance SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Tuesday to find stiff chart resistance in trading thinned by a holiday-heavy week.The Australian dollar rose as high as $0.7204 where it met solid offers at the 72 US cents chart barrier. At $0.7195 it has gained one full cent since touching a one-month trough last week. Yet, it is still down 12 percent for the year, largely due to a diverging interest rate outlook ...

Markets - FXMM - Australia

Australia, NZ dollars trapped by holiday lull SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday as traders were reluctant to make any significant moves in a holiday-heavy week.The Australian dollar held at $0.7155, having met a wall of sellers ahead of 72 US cents. It touched a one-month trough of $0.7097 last week and was down 12 percent for the year.It held its ground against a battered Canadian dollar at C$0.9990, having briefly popped above parity on Friday. ...

Markets - FXMM - Australia

Dollar gains traction, BoJ next up to the plate SYDNEY: The US dollar stood at its highest in two weeks against a basket of currencies early on Friday, having made a decisive move a day after the Federal Reserve delivered a long-awaited hike in interest rates. Commodity currencies were hardest hit as the firmer greenback took a toll on a range of commodities from oil to base metals and gold. The Canadian dollar was now close to a 12-year low, having come within a ...