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Dollar stronger after Wall Street turnaround

posted by MonteAmor 6 days ago in AUD made popular 6 days ago

The Australian dollar has opened higher after a late rally on Wall Street prompted investors to return to high yielding currencies.  read more

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Aussie cuts its rates by extra 0.4%

posted by Romantiq 11 days ago in AUD, Inflation made popular 11 days ago

Non-bank lender Aussie Home Loans has dropped its standard variable mortgage interest rate by a further 40 basis points, on top of a 50-basis-points cut before last week's change to the official cash rate.  read more

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Dollar eases amid bearish mood

posted by ChocoFudgeCake 15 hours ago in AUD, Technical made popular 15 hours ago

The Australian dollar drifted lower today as Asian shares failed to follow a rally on Wall Street and the RBA said past stimulus would not prevent a sharp sharp slowdown here.  read more

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Short AUD/USD

posted by vlad250 16 days ago in USD, AUD, Technical made popular 16 days ago

Hello my Forex Friends! As I stated in my last post, I will revisit AUD/USD at the beginning of this week, and it looks like the pair is giving us another opportunity to short against the falling trendline.  read more

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Brown seeks IMF boost

posted by sassygirl 18 days ago in USD, GBP, AUD made popular 18 days ago

British Prime Minister Gordon Brown called for billions of dollars in extra funding for the International Monetary Fund on Sunday, after India cut its main short-term lending rate and China braced for slowdown.  read more

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Australian, New Zealand Dollars Slide as U.S. Equities Fall

posted by Sylvanna 9 days ago in AUD, NZD made popular 9 days ago

The Australian and New Zealand dollars fell by the most in more than two weeks as U.S. stocks dropped on a worsening outlook for company earnings, prompting investors to dump higher-yielding assets.  read more

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Fletcher Profit May Fall 38% on Slowing Construction

posted by InvestorsChoice 8 days ago in AUD, NZD, Housing made popular 8 days ago

Fletcher Building Ltd., the world's biggest maker of laminated building board, said full-year earnings may fall as much as 38 percent as construction spending slows worldwide.  read more

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Australian Inflation Expectations Fall, Survey Shows

posted by keiragabe 7 days ago in AUD, Fundamental, Inflation made popular 6 days ago

Thursday, a survey from Melbourne Institute showed that the expected median inflation rate in Australia fell to 3.3% in November. This result was considerably down from the surveyed expected inflation rate of 4.4% as reported in October.  read more