01202017Fri
Last update: Fri, 20 Jan 2017 09pm

Australia

Markets - FXMM - Australia

Australia, NZ dollars climb as risk-on mood lingers SYDNEY/WELLINGTON: The Australian and New Zealand dollars jumped on Tuesday on rising appetite for the high-yielding currencies and as the greenback edged away from a seven-month peak after recent gains.The Australian dollar hit a two-week high of $0.7665, and was heading for a sixth straight day of gains.Early on Tuesday, the Aussie began rallying after Reserve Bank of Australia Governor Philip Lowe said he was comfortable with the current exchange rate.The Aussie is among the best performing major currencies this year, up more than 5 percent against the U.S. dollar. Much of the gain is due to carry trades where investors borrow in currencies seen as safe havens such as the yen or the euro to invest in high-yielding assets.A recent rebound in prices of iron ore and coal - Australia's two largest exports - has also helped the Aussie.Early Tuesday, newly-released minutes of the RBA's October policy meeting said ...

Markets - FXMM - Australia

Australia dollar slips on weak China data, NZ$ at 2-1/2 month lows SYDNEY: The Australian dollar slipped on Thursday as data showing a sharp decline in Chinese exports fuelled a broader risk-off move and eclipsed a A$7.6 billion ($5.8 billion) government bond auction that attracted record offshore demand.The Australian dollar fell to a 3-1/2 week low of $0.7518 after the Chinese data. It rose 0.3 percent on Wednesday thanks to strong investor demand for the 2047 bond which received bids in excess of A$13 billion.But the mood ...

Markets - FXMM - Australia

Australian dollar rises on strong retail sales, NZ$ at 7-week lows SYDNEY/WELLINGTON: The Australian dollar edged ahead on Wednesday as investors cheered better-than-expected retail sales data after months of tepid growth, while Brexit concerns lifted the Aussie to its highest against the pound in more than three years.The Australian dollar rose 0.26 percent to $0.7636, but still clocked a 10th straight session trapped in a 76 to 77 U.S. cent band after again failing to break higher on Tuesday.Australian retail sales grew 0.4 percent in August, ...

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 ...

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 ...