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FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - JUNE 1, 2007.
SYDNEY, June 1 Asia Pulse - The Australian dollar opened stronger today as it was revealed overnight US economic growth at the start of 2007 was its weakest in more than four years.
At 0700 AEST, the domestic unit was trading at $US0.8278/81, up almost 0.4 of a US cents on yesterday's close of $US0.8243 49.
It traded between a low of $US0.8237 and a high of $US0.8292 overnight.
The US Commerce Department reported economic growth in the first quarter of 2007 was at 0.6 per cent, as businesses sold off inventories and Americans imported more foreign goods.
This was the slowest quarterly growth since the fourth quarter of 2002, when the economy grew by 0.2 per cent, and was below Wall Street economists' forecasts for a 0.8 per cent quarterly growth rate.
The Australian dollar edged higher after the sluggish GDP numbers were released but struggled to hold those gains after a separate US Commerce Department report showed construction spending edged up 0.1 per cent in April after a revised 0.6 per cent gain in March.
Increased spending on commercial buildings offset weak spending ...
- FOREX - AUSTRALIAN DOLLAR WEAKER AT NOON - MARCH 30, 2007.
- News wire article from: AsiaPulse News March 30, 2007 700+ words
SYDNEY, March 30 Asia Pulse - The Australian dollar was weaker this morning but was poised...from the US could dampen demand for the Australian dollar. Overnight, the US Commerce Department said gross domestic product, measuring...
- FOREX - AUSTRALIAN DOLLAR CLOSES HIGHER - APRIL 14, 2009.
- News wire article from: AsiaPulse News April 14, 2009 700+ words
...At 1700 AEST, the Australian dollar was trading at US...volatile for the Australian dollar. Retail sales figures from the US Commerce Department are expected to be...investors to flee the Australian dollar, Mr Carr said...
- FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - MARCH 27, 2007.
- News wire article from: AsiaPulse News March 27, 2007 700+ words
...March 27 Asia Pulse - The Australian dollar shot up overnight to...Peter Pontikis said the Australian dollar jumped overnight on the...seven years, the US Commerce Department said. The Australian dollar received an instant boost...
- FOREX - AUSTRALIAN DOLLAR WEAKER AT CLOSE - JAN 15, 2009.
- News wire article from: AsiaPulse News January 15, 2009 700+ words
...already-struggling Australian dollar lost momentum after...further." The Australian dollar plunged during...markets reacted to US Commerce Department data showing US...quarter of 2008. The Australian dollar was expected to...
- FOREX - AUSTRALIAN DOLLAR CLOSES STRONGER - SEPT 28, 2007.
- News wire article from: AsiaPulse News September 28, 2007 700+ words
...1700 AEST, the Australian dollar was trading at...he said. The Australian dollar also got a boost...early trade from US Commerce Department data, released...weakness could see the Australian dollar test 89 US cents...
- FOREX - AUSTRALIAN DOLLAR HIGHER AT NOON - OCT 13, 2006.
- News wire article from: AsiaPulse News October 13, 2006 700+ words
...At 1200 AEST the Australian dollar was trading at...Whiting said the Australian dollar had been travelling...in a row, the Commerce Department reported. Mr Whiting...support for the Australian dollar around the 74 US...
- FOREX - AUSTRALIAN DOLLAR STRONGER TO NOON - OCT 15, 2007.
- News wire article from: AsiaPulse News October 15, 2007 700+ words
...York session. The Australian dollar reached its high...he said. The Australian dollar gained a boost...trade after the US Commerce Department reported on Friday...currencies like the Australian dollar. Strong US data...
- FOREX - AUSTRALIAN DOLLAR OPENS LOWER - JULY 2, 2007.
- News wire article from: AsiaPulse News July 2, 2007 700+ words
...late June, the Australian dollar has traded at levels...data today, the Australian dollar was likely to find...level. The US Commerce Department reported on Friday...high-yielding Australian dollar. Lower inflationary...