Currency

British pound rises as survey shows Scottish ‘no’ vote ahead

The pound rose sharply against the US dollar in Asian trading after initial results from Scotland’s independence referendum favoured the ‘no’ vote.

Aust dollar bounces, stays below US90c

by AAP
Local currency recovers some ground but unable to claim back above key US90c mark.

Aust dollar slips below US90c in late trade

by AAP
Local unit falls on US Fed interest rate hike hints.

Debit card unlocks bitcoin mystery

by AAP
An Australian debit card allows users to cash in their bitcoin for hard currency.

Aust dollar sinks below US90c on Fed

Local unit at six-month low as recent gains wiped out on exit talk from US central bank.

Aust dollar rallies as Fed rate hike hopes fade

by AAP
Local unit strengthens in late trade as Fed speculation wanes.

Aust dollar rises on Chinese bank stimulus

Chinese bank injection, relaxed US Fed leads to local currency rally.

Qantas dreams of a dwindling dollar

1 comment
A US80 cent Aussie would significantly reduce Australia’s attraction to the airline’s international competitors, while boosting Qantas’ international revenues.

ICBC to clear yuan transactions

by AFP
Industrial and Commercial Bank of China selected to clear yuan transactions in Luxembourg.

Aust dollar jumps back to US91c

Local unit climbs US1c overnight as Fed rate hike fears wane once more.

Taking Scotland out of the sterling

1 comment
If the Yes vote wins out in this week's Scottish referendum, a chain of reactions would come into play, touching all those who deal with the pound sterling.

Qantas wants Aust dollar at US80c

Airline says negative impact on fuel costs will be outweighed by foreign rivals' behaviour.

Russia deciding bank support measures as sanctions bite

Banks face US dollar liquidity deficit, ruble hits all-time low against the US dollar.

Aust dollar lifts in late trade

Local currency picks up after briefly dipping below US90 cent mark.

Aust dollar rises on RBA minutes

by AAP
Local currency lifts on speculation RBA may lift interest rates if the housing market overheats.

RBA's Kent upbeat on business investment

Asst governor optimistic, but warns still-high Aust dollar may be holding business investment back.

Aust dollar rebounds above US90c

Local unit bounces higher as iron ore price jumps, US data disappoints.

A China trap snares the Aussie dollar

1 comment
Expectations of continued weakness in the iron ore price is seeing savvy investors transition out of what has until now been a very profitable defacto China play.

Aust dollar below US90c in late trade

by AAP
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Local unit drops as low as US89.84c as Chinese data, Fed talk weighs.

Aust dollar drops below US90c

Local currency breaches US90c mark in afternoon trade as weak Chinese data, Fed talk weighs.

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