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FOREX - AUSTRALIAN DOLLAR LOWER TO NOON - JUNE 1, 2006.
SYDNEY, June 1 Asia Pulse - The Australian dollar continued to struggle in morning trade, sliding below $US0.7500 as expectations of another US interest rate hike supported the US dollar.
At 1200 AEST the local currency was trading at $US0.7487 89 - having tumbled more than one US cent overnight - it was substantially weaker from yesterday's close of 0.7636/41.
During morning trade, it reached a low of $US0.7487 - its lowest level since May 22 - and a high of 0.7630.
Deutsche Bank currency strategist John Horner said the local dollar was struggling to recover from recent sharp falls.
"It's reflecting a continuation of the weakness we have seen in the past day or two as these continuing fears of market volatility and continued (US Federal Reserve) tightening weigh," he said.
The local currency came under pressure after the release of hawkish Federal Open Market Committee (FOMC) minutes last night.
The FOMC indicated its main concern centred around upside risks to the ...
- FOREX - AUSTRALIAN DOLLAR FIRMER AT NOON - OCT 30, 2008.
- News wire article from: AsiaPulse News October 30, 2008 700+ words
...1200 AEDT, the Australian dollar was trading at...morning, the local currency moved between...had boosted the Australian dollar, Mr Horner said...support for the Australian dollar." The local currency had received support...
- FOREX - AUSTRALIAN DOLLAR ENDS FIRMER - SEPT 25, 2008.
- News wire article from: AsiaPulse News September 25, 2008 700+ words
...1700 AEST, the Australian dollar was trading at...the day, the local currency traded between...of .8420. The Australian dollar struggled for...comments helped the Australian dollar, the local currency could come under...
- FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - MARCH 23, 2009.
- News wire article from: AsiaPulse News March 23, 2009 700+ words
...bonds. At 0700 AEDT, the Australian dollar was trading at US$0...added to the demand for the Australian dollar." The local currency has appreciated 4.88...Monday, Mr Keller said the Australian dollar would take its direction...
- AUSTRALIAN DOLLAR LIKELY TO RISE IF YUAN REVALUED: ECONOMISTS.
- News wire article from: Asia Africa Intelligence Wire June 22, 2005 700+ words
...significant rise in the Australian dollar is likely immediately if...currencies, and as a result the Australian dollar. The local currency pushed through 78 US cents...Michael Thomas said the Australian dollar pushed to a seven-week...
- FOREX - AUSTRALIAN DOLLAR ENDS FIRMER - MARCH 15, 2007.
- News wire article from: AsiaPulse News March 15, 2007 700+ words
...the carry trades." The Australian dollar had also held up well against...yielding currencies like the Australian dollar. The local currency was also recovering today...have much affect on the Australian dollar." The domestic currency...
- FOREX - AUSTRALIAN DOLLAR STARTS STRONGER - AUG 24, 2007.
- News wire article from: AsiaPulse News August 24, 2007 700+ words
...crisis. At 0700 AEST, the Australian dollar was trading at US$0...strategist Sue Trinh said the Australian dollar rose overnight as risk...yielding one, such as the Australian dollar. The local currency opened at 95.36/44...
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - APRIL 27, 2007.
- News wire article from: AsiaPulse News April 27, 2007 700+ words
...April 27 Asia Pulse - The Australian dollar opened weaker as traders...be unveiled tonight the local currency could see some more backsliding...lack of confidence in the Australian dollar." The local currency is slightly weaker against...
- FOREX - AUSTRALIAN DOLLAR FIRMER AT NOON - JAN 3, 2007.
- News wire article from: AsiaPulse News January 3, 2007 700+ words
SYDNEY, Jan 3 Asia Pulse - The Australian dollar was stronger at noon moving closer to its...energy and metals, are helping drive the Australian dollar. The local currency last traded above 80 US cents in February...
- ANALYSIS: AUSTRALIAN DOLLAR DOWN BUT NOT OUT.
- News wire article from: AsiaPulse News June 11, 2004 700+ words
...reason for the Australian dollar's recent decline, but noted the local currency was also lacking...Ever since the Australian dollar found itself at...had dragged the Australian dollar down. The local currency tended to used...
- FOREX - AUSTRALIAN DOLLAR CLOSES LOWER - MARCH 5, 2004.
- News wire article from: AsiaPulse News March 5, 2004 700+ words
...Asia Pulse - The Australian dollar closed lower...indication of the local currency's near term...turn send the Australian dollar lower. The local currency plummeted to...1630 AEDT the Australian dollar on the Reserve...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR LOWER TO NOON - JUNE 1, 2006.