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FOREX - AUSTRALIAN DOLLAR SOARS OVERNIGHT - JULY 1, 2003.
SYDNEY, July 1 Asia Pulse - The Australian dollar soared nearly three-quarters of a US cent overnight to touch fresh four-year highs.
Investors hungry for higher yields were spurred on by the growing expectation that domestic interest rates would not be cut following today's Reserve Bank of Australia (RBA) board meeting.
The local currency rallied to a high of 67.44 US cents - its highest level since mid-May 1999.
At 0758 AEST the Australian dollar was buying 67.30 US cents compared with 66.75 at yesterday's close.
Macquarie Bank currency strategist Jo Masters said the Australian dollar started to rally at the open of the London session overnight, probably on the back of option-related plays.
The local currency was then boosted by a strong rally by the euro, while weaker than expected United States manufacturing data weighed on the US dollar.
Ms Masters also said there was increasing anticipation within the market that the RBA would not cut domestic interest rates.
- FOREX - AUSTRALIAN DOLLAR CLOSES HIGHER - MARCH 7, 2003.
- News wire article from: AsiaPulse News March 7, 2003 700+ words
SYDNEY, March 7 Asia Pulse - The Australian dollar soared to a three-year...Mr Yetsenga said the Australian dollar was yet to reach a plateau...three-year highs for the Australian dollar. ASIA PULSE 07-03 1757
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JULY 30, 2003.
- News wire article from: AsiaPulse News July 30, 2003 700+ words
SYDNEY, July 30 Asia Pulse - The Australian dollar opened weaker today after...coming the upside in the Australian dollar will be limited," they...still a key level for the Australian dollar. ASIA PULSE 30-07 0852
- FOREX - AUSTRALIAN DOLLAR ENDS LOWER - NOV 15, 2005.
- News wire article from: AsiaPulse News November 15, 2005 700+ words
SYDNEY, Nov 15 Asia Pulse - The Australian dollar closed substantially weaker...implications and therefore the Australian dollar may get a bit of a boost...general trend for a lower Australian dollar." ASIA PULSE 15-11 1746
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - MAY 20, 2003.
- News wire article from: AsiaPulse News May 20, 2003 700+ words
SYDNEY, May 20 Asia Pulse - The Australian dollar opened slightly weaker...towards $US0.6535 in the Australian dollar before renewed strength...possibly benefiting the Australian dollar. ASIA PULSE 20-05 0913
- FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - DEC 30, 2002.
- News wire article from: AsiaPulse News December 30, 2002 700+ words
SYDNEY, Dec 30 Asia Pulse - The Australian dollar opened softer, falling...On the cross rates the Australian dollar was weaker against the...rhetoric would sideline the Australian dollar. ASIA PULSE 30-12 1140
- SOARING AUSTRALIAN DOLLAR HAVING LITTLE IMPACT ON SMORGON STEEL.
- News wire article from: AsiaPulse News May 22, 2003 700+ words
BRISBANE, May 22 Asia Pulse - The soaring Australian dollar is having little impact on...scrap price cyclicality and the Australian dollar cyclicality against the Australian dollar." ASIA PULSE 22-05 1911
- FOREX - AUSTRALIAN DOLLAR ENDS LOWER - DEC 2, 2004.
- News wire article from: AsiaPulse News December 2, 2004 700+ words
SYDNEY, Dec 2 Asia Pulse - The Australian dollar recovered lost ground today...and that will help the Australian dollar move higher along with...still on the cards for the Australian dollar. ASIA PULSE 02-12 1734
- FOREX - AUSTRALIAN DOLLAR WEAKER AT NOON - DEC 11, 2003.
- News wire article from: AsiaPulse News December 11, 2003 700+ words
SYDNEY, Dec 11 Asia Pulse - The Australian dollar was weaker at noon as sellers...that a retracement in the Australian dollar was under way today in...upside potential for the Australian dollar. ASIA PULSE 11-12 1240