12042016Sun
Last update: Sun, 04 Dec 2016 01pm

Australia

Markets - FXMM - Australia

Australian dollars unruffled by RBA, kiwi slightly firmer SYDNEY/WELLINGTON: The Australian dollar held near one-month highs as investors shrugged off a widely expected move by the nation's central bank to keep rates steady and priced in only a modest chance of an easing in the next month or so.The Australian dollar had paused at $0.7670, not far from crucial chart resistance of 77 U.S. cents - a level it has breached several times in the last couple of months but failed to hold above.It eased from the day's high of $0.7691 after the Reserve Bank of Australia (RBA) held rates steady at a record low 1.50 percent.New RBA governor Philip Lowe also resisted any temptation to signal a bias to ease again, saying only that an unchanged stance was "consistent with sustainable growth in the economy and achieving the inflation target over time."As a result, the odds for another cut this year widened with futures markets implying a ...

Markets - FXMM - Australia

Australia, NZ dollars mark time before Tuesday's RBA policy review SYDNEY/WELLINGTON: The Australian and New Zealand dollars marked time on Monday as global sentiment remained hostage to events at Deutsche Bank, while investors awaited fresh news on the outlook for domestic interest rates.The Australian dollar was holding at $0.7650, having traded in a tight quarter-cent range so far. The currency briefly got above 77 cents last week but again failed to sustain the break, a repeat of price action seen for the last couple of ...

Markets - FXMM - Australia

Australia, NZ dollars rise as oil prices rally SYDNEY/WELLINGTON: The Australian dollar climbed to a three-week high on Thursday, making its fourth straight day of gains with help from a surge in oil prices after the Organization of the Petroleum Exporting Countries agreed to trim output.That gave the Australia dollar a boost as the country is a major exporter of natural resources, though it is a net importer of oil.The Aussie ran past key chart resistance at 77 U.S. cents to hit its ...

Markets - FXMM - Australia

Australia, NZ dollars rise as markets judge Clinton winner in US debate SYDNEY/WELLINGTON: The Australian dollar bounced from early losses on Tuesday as investors seemed to judge Democrat Hillary Clinton as the winner of the first U.S. presidential debate against Republican Donald Trump.The Australian dollar was down about 0.2 percent before the debate began but turned around to be up 0.33 percent at $0.7660 after it ended. The Aussie is set to close the month in the black, after falling more than 1 percent in August."The market ...

Markets - FXMM - Australia

Australia, NZ dollars inch higher, eyes on cenbank meetings SYDNEY/WELLINGTON: The Australian dollar briefly nudged higher on Tuesday after the country's central bank hinted at a steady policy outlook, but trading was overshadowed by looming meetings of the Bank of Japan (BOJ) and Federal Reserve.The Australian dollar rose as high as $0.7554 after the minutes of the Reserve Bank of Australia's (RBA) September meeting showed it was comfortable with the current policy after holding rates at 1.50 percent earlier this month.It was last around ...

Markets - FXMM - Australia

Australian dollar near 1-week high; Fed and BOJ in focus SYDNEY/WELLINGTON: The Australian dollar traded near one-week highs on Monday as its U.S counterpart slipped with few expecting a Federal Reserve interest rate hike this week.A A$9.7 billion ($7.30 billion) sale of the Port of Melbourne to a group involving U.S. and Canadian players also boosted sentiment and underscored the strong appetite for Australian assets.The Australian dollar rose 0.57 percent to $0.7536, its highest level since Sept. 13. Traders are looking at a break above ...

Markets - FXMM - Australia

Australia dollar slightly firmer after China data, NZ dollar up SYDNEY/WELLINGTON: The Australian dollar got a small lift on Thursday after China's August imports unexpectedly rose for the first time in 22 months in a sign that demand in the world's second-largest economy was picking up.The Australian dollar rose as high as $0.7687, not too far from a three-week top of $0.7698 touched on Wednesday, after the positive news from Australia's No.1 trading partner.The Aussie has been flirting with 77 cents, a key resistance level ...