02152016Mon
Last update: Mon, 15 Feb 2016 04am

Australia

Markets - FXMM - Australia

A$, ND$ hold near multi-week highs, but mood wary  WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near multi-week highs on Thursday as risk sentiment improved on hopes that progress is being made that will avoid a US fiscal crisis, but investors remained generally cautious.   The Aussie drifts lower to $1.0458 vs $1.0474 early, but still close to Tuesday's two-month peak of $1.0491.   Immediate support for the Aussie seen at $1.0425, with solid resistance around $1.0490/1.0500.   Australian business investment rose a solid 2.8 pct in Q3, beating forecasts of an increase of 2 pct, as mines continued to spend heavily on construction. The reading underpins expectations of another quarter of brisk economic growth.   Planned spending for 2012/13 was revised down to A$173.4 billion from A$181.5 billion, but still pointed to a massive pipeline of mining investment despite recent decisions to delay some projects.   Markets focus on the lower estimate and slightly widen the odds of an interest rate cut next week. Interbank futures price ...

Markets - FXMM - Australia

A$, NZ$ mark time, mood cautious  WELLINGTON/SYDNEY: The Australian and New Zealand dollars marked time near multi-week highs against their US counterpart on Wednesday, with investors awaiting more details on a Greek debt plan and progress on US budget talks.   The Aussie steady at $1.0443, near a two-month peak of $1.0491 set Tuesday and within sight of $1.0625, the September peak.   A break above would bring it to its highest since March. For now immediate resistance is seen at $1.0500, with near-term support ...

Markets - FXMM - Australia

A$, NZ$ near 3-week highs vs USD, fly on yen  WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near three-week highs against their US counterpart on Monday on hopes Greece will finally secure more emergency loans to keep it afloat, and scaled seven-month peaks versus a depressed yen.   The Aussie steady at $1.0460. It is a whisker away from a two-month high of $1.0480 hit in November.   It has rallied more than 1 pct last week and a break above $1.0480 could see it aim for the ...

Markets - FXMM - Australia

A$, NZ$ near 8-month peaks vs yen, up vs USD  SYDNEY/WELLINGTON: The Australian and New Zealand dollars scaled eight-month peaks against the yen on Thursday on expectations of more policy action in Japan, while encouraging Chinese manufacturing data saw the Aussie reach a session high.   HSBC's China flash Manufacturing Purchasing Managers Index (PMI) rose to a 13-mth high of 50.4 in November, a sign the pace of growth in Australia's single biggest export market has revived after seven quarters of slowdown.   Aussie hits $1.0401, up from a ...

Markets - FXMM - Australia

A$, NZ$ rally vs yen on BoJ rate speculation  SYDNEY/WELLINGTON: The Australian and New Zealand dollars hit seven-month highs against the yen on Wednesday as expectations for more aggressive Japanese monetary easing action bolstered the view that the Antipodeans would keep their rate advantage over the yen.   Aussie climbs to around 85.05 yen according to Reuters data, its highest since early April. Kiwi edges up to around 66.85 yen, a level also not seen since April.   Expectations rise that a new Japanese government after a Dec. ...

Markets - FXMM - Australia

A$, NZ$ pause vs USD, EU meeting eyed  SYDNEY/WELLINGTON: The Australian and New Zealand dollars took a breather against their US counterpart on Tuesday, while the euro survived a ratings downgrade of France with sentiment bolstered by hopes of a Greek aid deal later in the session.   The Aussie was steady at $1.0413, having gained 1.3 percent since hitting a three-week trough of $1.0287 Friday.   It fully recovered from a brief dip to $1.0398 after minutes of the Reserve Bank of Australia's (RBA) November meeting ...

Markets - FXMM - Australia

A$, NZ$ halt decline, but mood fragile  SYDNEY/WELLINGTON: The New Zealand and Australian dollars hovered near multi-week lows against greenback on Friday as wary investors trimmed demand for high-yield assets, although the chances of more stimulus in Japan saw them firm on the yen.   New Zealand dollar at $0.8102 vs a two-month low of $0.8079 set in New York trade.   Aussie trades at $1.0334 vs $1.0307 early, it touched a three-week low near $1.0300 overnight when stop-loss selling was triggered at $1.0350.   Traders cite good ...