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FOREX - AUSTRALIAN DOLLAR OPENS DOWN - OCT 1, 2008.
SYDNEY, Oct 1 Asia Pulse - The Australian dollar has opened weaker, dropping below US$0.7900 overnight due to a stronger US dollar and concerns that the financial crisis engulfing the US was spreading to Europe.
At 0700 AEST, the Australian dollar was trading at US$0.7924 26, down about 1.2 US cents from yesterday's of US$0.8045/48.
It was the Australian dollar's weakest start to the local session since September 18, when the unit began the day at US$0.7904/11.
Overnight, the local currency traded between a low of US$0.7859 and a high of US$0.8097.
The US dollar rebounded last night, gaining about 2.5 per cent against the euro as the governments of France and Belgium said they would lend European bank Dexia US$9.2 billion to save it from collapse.
Dexia's woes came on top of a rescue of Fortis by the Netherlands and Luxemburg governments, as well as the nationalisation of UK mortgage lender Bradford and Bingley.
Bank of New Zealand currency strategist Danica Hampton said the latest bank rescue by a European government hurt the euro during the overnight session.
- FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - NOV 19, 2007.
- News wire article from: AsiaPulse News November 19, 2007 700+ words
...strategist Danica Hampton said the Australian dollar started the offshore...this week, Ms Hampton said the Australian dollar remained "a little...this week, Ms Hampton said most of the action for the Australian dollar would take place...
- FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - OCT 19, 2007.
- News wire article from: AsiaPulse News October 19, 2007 700+ words
...could hurt the Australian dollar, Ms Hampton said. Conversely...slowdown. Ms Hampton said the Australian dollar was expected to...strength." Ms Hampton said carry traders...likely to sell the Australian dollar to make quick...
- FOREX - AUSTRALIAN DOLLAR STARTS WEAKER - MAY 1, 2009.
- News wire article from: AsiaPulse News May 1, 2009 700+ words
...strategist, Danica Hampton said the Australian dollar continued its rally...hampered demand for the Australian dollar, Ms Hampton said. "Equity markets...local session, Ms Hampton forecasts the Australian dollar to be weaker, where...
- FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - OCT 20, 2008.
- News wire article from: AsiaPulse News October 20, 2008 700+ words
...markets pushed the Australian dollar off its weekend high, Ms Hampton said. "The...give it (the Australian dollar) a bit of a boost," Ms Hampton said. RBA governor...1130 AEDT. Ms Hampton said the Australian dollar could push higher...
- FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - FEB 20, 2009.
- News wire article from: AsiaPulse News February 20, 2009 700+ words
...99/07 yen. But the Australian dollar's rise was capped when...weak economic data, Ms Hampton said. Manufacturing...on RBA policy," Ms Hampton said. Ms Hampton forecasts the Australian dollar to trade between .6400...
- FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - JUNE 23, 2008.
- News wire article from: AsiaPulse News June 23, 2008 700+ words
...strategist Danica Hampton said from Wellington today. The Australian dollar and euro were...Hampton said. Ms Hampton said she expected the Australian dollar to trade between...this week, Ms Hampton said the Australian dollar's fortunes...
- FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - DEC 29, 2008.
- News wire article from: AsiaPulse News December 29, 2008 700+ words
...strategist Danica Hampton said the positive...supported the Australian dollar in thin trading...Friday. Ms Hampton expected the Australian dollar to trade within...here," Ms Hampton said. The Australian dollar has traded between...
- FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - OCT 2, 2007.
- News wire article from: AsiaPulse News October 2, 2007 700+ words
...strategist Danica Hampton said the Australian dollar had more potential...US0.8920. Ms Hampton said the Australian dollar rose overnight...off in the Australian dollar overnight...lived," Ms Hampton said. US bank...
- CORR - FOREX - AUSTRALIAN DOLLAR OPENS SOFTER - OCT 6, 2008.
- News wire article from: AsiaPulse News October 6, 2008 700+ words
...session began. The Australian dollar's slide continued...strategist Danica Hampton said the Australian dollar was sold off as...April 2001. Ms Hampton said expectations...could push the Australian dollar down to US$0...
- FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - JULY 11, 2008.
- News wire article from: AsiaPulse News July 11, 2008 700+ words
...currency strategist Danica Hampton said the Australian dollar increased overnight due to...American currency either, Ms Hampton said. With no local data due today, Ms Hampton expects the Australian dollar to trade "sideways" in the...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS DOWN - OCT 1, 2008.