AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - MAR 3, 2003.
SYDNEY, Mar 3 Asia Pulse - The Australian dollar opened stronger today as the US dollar weakened amid fears of war, while a softer New Zealand dollar kept the local currency well bid.
At 0700 AEDT, the Australian dollar was at $US0.6075/80 compared with $US0.6050/55 at Friday's close.
A weaker US dollar again worked in the favour of the local currency, pushing it to around its highest level in 32 months at $US0.6090.
An admission from the Bank of Japan that it had covertly intervened to weaken the Japanese currency in February initially aroused the US dollar on Friday night.
But the US dollar soon lost ground, as did United States equities, amid fears that Iraqi President Saddam Hussein's motions toward disarming would fail to prevent a US-led military attack.
On the local market, continued buying on the Australia dollar/New Zealand dollar cross rate kept the Australian dollar well bid over the weekend.
This move, which started last week, is based ...
- Trans-Tasman shocks: a mediating role for the NZDAUD *.(New Zealand dollar /...
- Magazine article from: New Zealand Economic Papers Grimes, Arthur December 1, 2007 700+ words
...ongoing debate as to whether New Zealand should enter into a currency...role that the NZDAUD (1) (New Zealand dollar / Australian dollar cross exchange rate) plays...Australasia (Australia and New Zealand), and to examine the role...
- DP2004/07: a model of Equilibrium Exchange Rates for the New Zealand and...
- Magazine article from: The Reserve Bank of New Zealand Bulletin Wren-Lewis, Simon September 1, 2004 700+ words
...in Wren-Lewis (2003) to include New Zealand and Australia. This model calculates...assumption of a 4 per cent sustainable New Zealand and Australian current account deficit...results suggest an equilibrium value for a New Zealand TWI for 2002 of just (2 per cent...
- Interim 2005 Australia and New Zealand Banking Group Ltd. Earnings Conference...
- News wire article from: The America's Intelligence Wire April 26, 2005 700+ words
...good quality income. New Zealand -- it's worthwhile...focus about what was the Australian dollar growth in New Zealand, what was the New Zealand...the extent that the Australian dollar translation to New Zealand goes up, of course...
- ASX chief points to complexities in plans to merge with NZ exchange.(Richard...
- Magazine article from: Australian Banking & Finance January 30, 2001 700+ words
...If we do a combined market, do we want a Australian-dollar market with New Zealand representation in New Zealand or do we just do an Australian-dollar market full-stop? "If we do that, what...
- FOREX - AUSTRALIAN DOLLAR HIGHER AT NOON - DEC 4, 2003.
- News wire article from: Asia Africa Intelligence Wire December 4, 2003 700+ words
...Pulse - The Australian dollar raised the...today after New Zealand's central...buying of the Australian dollar against the New Zealand dollar had...session close the Australian dollar - New Zealand dollar exchange...
- FOREX - AUSTRALIAN DOLLAR ENDS STRONGER - JAN 19, 2005.
- News wire article from: Asia Africa Intelligence Wire January 19, 2005 700+ words
...Pulse - The Australian dollar firmed against the New Zealand and US currencies...Rennie said the Australian dollar initially fell against the New Zealand dollar, before...short on the Australian dollar/New Zealand dollar, which...
- FOREX - AUSTRALIAN DOLLAR HIGHER TO NOON - OCT 26, 2006.
- News wire article from: AsiaPulse News October 26, 2006 700+ words
...Asia Pulse - The Australian dollar was a touch higher...banks in the US and New Zealand opted to keep rates...50 call, sent New Zealand dollar tumbling...Kyriakopoulos said. The Australian dollar/New Zealand dollar cross rate...
- FOREX - AUSTRALIAN DOLLAR ENDS FIRMER - SEPT 26, 2006.
- News wire article from: AsiaPulse News September 26, 2006 700+ words
...Pulse - The Australian dollar ended firmer...against its New Zealand counterpart...buying on the Australian dollar/New Zealand dollar cross...remain on the New Zealand currency...Today the Australian dollar reached a...
- FOREX - AUSTRALIAN DOLLAR CLOSES STRONGER - SEPT 15, 2006.
- News wire article from: AsiaPulse News September 15, 2006 700+ words
...currency strategist Tony Morriss said the Australian dollar-New Zealand dollar cross has seen a mild recovery towards...under 1.1400 overnight. "Gyrations on the Australian dollar/New Zealand dollar cross have reached extreme levels over...
- FOREX - AUSTRALIAN DOLLAR SLIPS TO NOON - APRIL 13, 2006.
- News wire article from: AsiaPulse News April 13, 2006 700+ words
...13 Asia Pulse - The Australian dollar slipped at noon today...softening Australia dollar/New Zealand dollar cross rate as New Zealand retail sales surprised...dragged lower by the Australian dollar/New Zealand dollar cross, which...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - MAR 3, 2003.