Posted On: January 03, 2012
Word that the Australian dollar appreciated to a three-week high amid rising Asian and European stocks is now boosting demand for higher-yielding assets, Bloomberg reports.
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Posted On: October 20, 2011
The Australian dollar dropped on October 20 amid concerns that the October 23 meeting in Brussels will fail to produce a solution to the euro zone's debt problems.
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Posted On: September 18, 2011
The Australian dollar is set to kick off the week by continuing a climb that began on Friday as hopes climbed from the euro zone finance minister summit in meeting, Dow Jones Newswires reports.
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Posted On: July 20, 2011
The Australian dollar slid on July 15 after Westpac made its prediction that the Reserve Bank of Australia (RBA) will cut its rates.
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Posted On: June 14, 2011
Economists were relieved to find that the U.S. retail sales report by the Commerce Department found that sales decreased just 0.2 percent in May, MarketWatch reported.
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Posted On: March 30, 2011
It's no secret that the exist currency regime, in which the U.S. dollar serves as the default reserve currency, has its fair share of enemies.
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Posted On: March 29, 2011
The global currency markets hold both good and bad portents for the carry trade.
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Posted On: March 10, 2011
The chaos in Libya - as well as smaller-scale conflicts in the Ivory Coast and other nations - has investors cautiously eying their risk exposure and reconsidering some euro-linked investments.
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Posted On: March 01, 2011
Australia's corporate names should keep an eye on volatility in the currency market in the coming months, a government forecasting body has said.
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Posted On: February 28, 2011
The euro, the British pound and the Swiss franc rose on Monday, bolstered by consumer inflation statistics, the burgeoning revolution in Libya and expectations that the U.S. will maintain its loose monetary policy for some time.
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