01172017Tue
Last update: Tue, 17 Jan 2017 10pm

Australia

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 $0.7545, up around 0.16 percent. On Monday, it climbed to a more than one-week high but selling pressure emerged above $0.7560."No one is prepared to take on too much risk ahead of the BOJ and Fed meets," said Chris Weston of I.G. Markets.Weston said a break above $0.7561 would turn him bullish toward the Aussie.The Aussie traded higher on both the euro and the yen but was down against the New Zealand dollar following six ...

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 ...

Markets - FXMM - Australia

Australian dollar pauses after 5-day rally; NZ firm SYDNEY/WELLINGTON: The Australian dollar paused on Wednesday after a strong rally overnight as downbeat economic figures weighed on its U.S. counterpart.The Australian dollar held at $0.7673, near three-week highs after domestic data showed the economy expanded at its fastest annual pace in four years.It rose 1.4 percent on Tuesday, advancing for a fifth consecutive day.The Aussie is up more than 5 percent so far this year, thanks in large part to offshore interest in carry ...

Markets - FXMM - Australia

Australian dollar near 1-month lows, NZD boosted by business confidence SYDNEY/WELLINGTON: The Australian dollar traded near one-month lows on Wednesday after upbeat U.S. data added to the risk of a near-term rate hike by the Federal Reserve.The Australian dollar held at $0.7521, after touching $0.7500 on Tuesday, its lowest since Aug.2.The Aussie has been on a downtrend since hitting a near 3-1/2 month high of $0.7760 earlier in August. It is now trading below a key support of around $0.7530, and could hit $0.7450, a ...

Markets - FXMM - Australia

Australia, NZ dollars fall on US rate concerns, then pare losses SYDNEY/WELLINGTON: The Australian dollar fell to its lowest level in nearly a month after traders wagered on a U.S. interest rate following Federal Reserve Chair Janet Yellen's upbeat assessment of the economy.However, the Aussie shed most of the losses later in the session and in afternoon trading was mostly unchanged at $0.7549. Earlier, it touched $0.7525, its lowest level since Aug. 2.The Aussie and the New Zealand dollars have been resilient in the face of ...

Markets - FXMM - Australia

Australia, NZ dollars slide on negative outlook for bank ratings SYDNEY/WELLINGTON: The Australian and New Zealand dollars were knocked lower on Friday after ratings agency Moody's cut the outlook on Australian banks to negative, providing investors an impetus to sell both currencies. The Australian dollar dropped 0.7 percent to $0.7632, pulling away from a recent three-week peak of $0.7760. Support was found at $0.7608.Traders said the Antipodeans were ripe for a correction and sellers surfaced on news that Moody's was considering cutting the ratings of ...