posted by
busybee
1319 days ago
in AUD, Fundamental, Inflation
Australia’s central bank can’t be too timid in raising its benchmark interest rate now that the threat of an economic crisis in the nation has passed, Reserve Bank Governor Glenn Stevens said, pushing up the local currency.
posted by
chuzzle
1319 days ago
in AUD, Inflation
Thursday, Reserve Bank of Australia Governor Glenn Stevens said that interest rates will need to be raised appropriately to foster a sustained economic recovery in the country, giving a clear indication that further rate hikes can be expected soo
posted by
techiegirl
1319 days ago
in AUD, Fundamental, Inflation
The Australian dollar surged to its highest level in 14 months today after the Reserve Bank governor's strong comments on interest rates.
posted by
keiragabe
1319 days ago
in AUD, Fundamental
RESERVE Bank of Australia governor Glenn Stevens said today that the Australian dollar was being supported by the nation's economic strength compared with its global peers.
posted by
twilight
1319 days ago
in AUD, Fundamental, Inflation
Australians should not be surprised that interest rates cannot remain at record lows, Treasurer Wayne Swan says.
posted by
colleenastrid
1319 days ago
in USD, AUD, Fundamental
THE Aussie dollar was higher at noon after RBA governor Glenn Stevens said it would be a mistake to be too timid about raising interest rates as the economy recovers.
posted by
vhinz316
1320 days ago
in USD, AUD, Consumer
The AUD/USD is basically unchanged after the latest consumer confidence data which shows a continued improvement in the resilient Australian economy. The index rose by 1.7% to 121.4.
posted by
kimclaud
1320 days ago
in AUD, Weekly
Australian dollar closed the week up 4.5% against the US dollar matching the largest weekly advance since May 2009 and the highest level against the greenback in 14 months.
posted by
vhinz316
1321 days ago
in USD, AUD
The Australian dollar rose to its highest level in 14 months on Tuesday, boosted by optimism that company earnings in the US will beat expectations and keep the appetite for higher-yielding currencies bouyant.
posted by
forexcrunch
1322 days ago
in AUD, Technical, Weekly
The Aussie had a superb week. The rate hike by the RBA gave the first boost, and the excellent employment figures took AUD/USD over 90 cents. 6 events will impact the Aussie on its new ground. Here’s an outlook for major events in Australia, and
posted by
sophia
1322 days ago
in AUD
The dollar reached US90.57c offshore, up from its local close of US90.34c on Friday, the highest level since August last year, driven by the Reserve Bank's decision to lift official interest rates by 25 basis points to 3.25 per cent and strong jo
posted by
camac
1323 days ago
in AUD
The Australian dollar was easily the strongest performer last week, gaining over 4 percent against both the greenback and Japanese yen, after the Reserve