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FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - MAR 1, 2001.
SYDNEY, Mar 1 Asia Pulse - The Australian dollar was marginally firmer this morning after a limp attempt to rally on a Japanese rate cut.
At 0700 AEDT the Australian dollar was $US0.5259/64 from 0.5245/50 yesterday.
Overnight, instead of a highly expected US rate cut, the Japanese central bank surprised the markets with cuts to both the discount and overnight target rates.
The BOJ cut the overnight target rate, the more important of the two, by 0.1 per cent to 0.15 per cent after only raising it last August when it ended the official "zero interest rate policy".
The discount rate was cut for the second time in a month, by 0.1 per cent to 0.25 per cent.
At 0700 AEDT, the Australian dollar was at 0.5701/06 euro compared with 0.5716/21 yesterday, 60.99/07 Japanese yen from 60.99/07, $1.2212/38 New Zealand dollars from $1.2201/26 and 0.3636/42 British pounds from 0.3638/44.
The euro was at $US0.9229/34 from $US0.9176/86 late in yesterday's local session and at 108.38/43 yen from 106.75/80.
- FOREX - AUSTRALIAN DOLLAR OPENS SHARPLY LOWER - OCT 8, 2008.
- News wire article from: AsiaPulse News October 8, 2008 700+ words
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- News wire article from: AsiaPulse News October 28, 2008 700+ words
SYDNEY, Oct 28 Asia Pulse - The Australian dollar has opened weaker for the fifth day...RBA) also has failed to give the Australian dollar a sustained boost, with traders...commodity prices. At 0700 AEDT, the Australian dollar was trading at $US0.6037 43...
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- News wire article from: AsiaPulse News October 27, 2008 700+ words
SYDNEY, Oct 27 Asia Pulse - The Australian dollar opened 3.1 per cent weaker today...local trading at 0700 AEDT, the Australian dollar was at 61.96 US cents, down almost...when the unit hit 60.30. The Australian dollar has now shed 38.4 per cent since...
- FOREX - AUSTRALIAN DOLLAR OPENS AT 3 YEAR LOW - OCT 7, 2008.
- News wire article from: AsiaPulse News October 7, 2008 700+ words
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- News wire article from: AsiaPulse News November 18, 2008 700+ words
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- FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - NOV 20, 2008.
- News wire article from: AsiaPulse News November 20, 2008 700+ words
SYDNEY, Nov 20 Asia Pulse - The Australian dollar opened firmer today as an appreciation...yielding currencies. At 0700 AEDT, the Australian dollar was trading at US$0.6453 57...after the local session began, the Australian dollar fell below its overnight low to hit...
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - SEPT 5, 2008.
- News wire article from: AsiaPulse News September 5, 2008 700+ words
SYDNEY, Sept 5 Asia Pulse - The Australian dollar has opened more than one US cent...currency overnight. At 0700 AEST, the Australian dollar was trading at US$0.8226 30...aversion which saw a sell-off in the Australian dollar. US equities slumped as weak retail...
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - OCT 31, 2008.
- News wire article from: AsiaPulse News October 31, 2008 700+ words
SYDNEY, Oct 31 Asia Pulse - The Australian dollar opened weaker today as the biggest...riskier currencies. At 0700 AEDT, the Australian dollar was trading at $US0.6799 06...world economic slowdown dented the Australian dollar overnight after US gross domestic...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - MAR 1, 2001.