posted by
vhinz316
1329 days ago
in AUD, Metals
The stronger Australian dollar exchange rate has wiped out any benefits gold producers might have reaped from higher prices of the precious metal, new research shows.
posted by
makino
1329 days ago
in USD, AUD, Manufacturing
The Australian dollar opened weaker on Friday, after risk sentiment was beaten into a corner by poor economic leads from the US.
posted by
xjessicax
1330 days ago
in AUD, Fundamental
Australia’s government and central bank must ready themselves to unwind stimulus spending and increase borrowing costs as the economy rebounds, the International Monetary Fund said.
posted by
princesa
1330 days ago
in USD, AUD, Inflation
The dollar fell in volatile trading Wednesday. The S&P 500 declined 3.53 points to 1,057.08 but recovered most of earlier losses incurred on a disappointing Chicago PMI report.
posted by
hanazawa
1330 days ago
in AUD, Inflation
The Reserve Bank has warned Australia could face a resurgence of house price inflation, as construction lags and the economy recovers.
posted by
grink
1330 days ago
in CAD, AUD, Inflation
Canada’s dollar rose the most in almost four weeks as oil and gold climbed, enhancing the appeal of currencies tied to growth, and the International Monetary Fund cut its projection for global writedowns.
posted by
butterscotch
1330 days ago
in AUD, Inflation
It's around this time every year that I am force to let rip with a stream of profanities upon hearing, usually on commercial radio, my first Christmas advertisement of the season. "Get in quick!" some overzealous retailer advises me.
posted by
Alex
1331 days ago
in AUD, Retail Sales
Wednesday in Asia, the Aussie surged up against its major counterparts amid a report that showed Australia's retail sales grew faster than expected in August, signaling the economic recovery is strengthening.
posted by
Dan
1331 days ago
in USD, JPY, AUD
The dollar slipped against the yen on Wednesday as Japanese exporters sold the U.S. currency to settle business before the quarter ends later in the day, although it was well off eight-month lows marked earlier this week.
posted by
wizardfx
1331 days ago
in AUD, Retail Sales
The RBA board knew when it met four weeks ago that August was a good month for the nation’s retailers, as was officially confirmed by the Australian Bureau of Statistics this morning.
posted by
zero
1331 days ago
in AUD, Housing
Housing prices have risen to their highest point during August since 2005, according to the latest figures from the RP Data-Rismark monthly index.
posted by
hanayoridango
1331 days ago
in AUD, Inflation
Australian retail sales surged in August, setting the stage for a rise in interest rates by the Reserve Bank before the end of the year.