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FOREX - AUSTRALIAN DOLLAR WEAKER AT NOON - SEPT 2, 2002.
SYDNEY, Sept 2 Asia Pulse - The Australian dollar was weaker at noon, sliding back under $US0.5500 on thin trade and a lack of impetus.
The Australian bond market was slightly stronger after a modest rally on the back of soft domestic economic data.
At 1200 AEST, the Australian dollar was worth $US0.5485/90 from 0.5535/40 at Friday's close.
To noon it traded in a tight $US0.5485 to 0.5500 range in thin volume.
AMP Henderson senior portfolio manager Chris Loong noted there was no strong direction for the Australian dollar to follow given United States markets were in the middle of a long weekend.
However, there was some squaring up of long positions, he noted.
"If there were long positions I guess (investors) are tempted to get squared up given the Aussie hasn't been able to hold its gains above 0.5540 and especially with the holiday in the US tonight and then some important (US) data later in the week," Mr Loong said.
- FOREX - AUSTRALIAN DOLLAR HIGHER AT CLOSE - JUNE 30, 2009.
- News wire article from: AsiaPulse News June 30, 2009 700+ words
...against the US dollar in the June quarter, while against the cross...Mumford described the Australian dollar's performance in the June quarter as "phenomenal...Mr Mumford said the Australian dollar was due for a period of...
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- News wire article from: AsiaPulse News August 28, 2008 700+ words
...contraction in the June quarter and make the...1200 AEST, the Australian dollar was trading at...8577. The Australian dollar jumped from...expenditure for the June quarter. This was almost...result buoyed the Australian dollar as traders ...
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- News wire article from: AsiaPulse News August 28, 2008 700+ words
...8577. The Australian dollar posted most...cent in the June quarter, almost...expanded in the June quarter supported a stronger Australian dollar because it...said the Australian dollar was also...release of US June quarter GDP and jobless...
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...data for the June quarter temporarily hit the Australian dollar late in the morning...data for the June quarter showed a 2...Gibbs said the Australian dollar was sold off...implications for June quarter gross domestic...
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- News wire article from: AsiaPulse News July 8, 2008 700+ words
...to heavily sell the Australian dollar ahead of labour market...Kyriakopoulos said the Australian dollar could fall to US$0.9400 if June quarter inflation data, due...hike," he said. The Australian dollar was expected to find...
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- News wire article from: AsiaPulse News August 4, 2009 700+ words
...Sean Callow said the Australian dollar started the local...events influenced the Australian dollar during Tuesday...session. In the June quarter, retail sales rose...their gains in the Australian dollar after examining the...
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- News wire article from: AsiaPulse News July 13, 2009 700+ words
...local close. The Australian dollar lost ground for a...from Singapore. The Australian dollar appreciated about 14 per cent in the June quarter rose to sit at...Beacher said the Australian dollar's move higher was...