All
 

 

Just in:  

You are here: Home»Markets»FXMM»Europe»Australian dollar hits 3-week high versus US dollar

australian-dollarLONDON: The Australian dollar rose to a three-week high against the US dollar and continued to power higher against the broadly weaker Japanese yen, hitting its highest in more than four years.

 

The higher-yielding and growth-linked currency was buoyed after Chinese trade data boded well for Australia's exports, while traders reported Japanese retail demand to buy the currency against the low-yielding yen.

 

The Australian dollar rose to $1.0568, its highest since Dec. 17. Traders cited offers up to $1.0580. Above that, however it would target the Dec. 12 high of $1.0585.

The currency also rose to 93.26 yen.

Copyright Reuters, 2013


 



 
Index Closing Chg%
Arrow DJIA 17,827.75 0.07
Arrow Nasdaq 4,787.32 0.61
Arrow S&P 2,072.83 0.28
Arrow FTSE 6,723.42 0.09
Arrow DAX 9,974.87 0.60
Arrow CAC-40 4,382.34 0.20
Arrow Nikkei 17,248.50 0.78
Arrow H.Seng 24,004.28 0.45
Arrow Sensex 28,438.91 0.19






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln