Currency

Australian dollar under pressure after US inflation data

by AAP
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Greenback strength on rate hike speculation too much for local currency.

Scoreboard: Energy drag

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Wall Street was mixed as energy stocks came under pressure from falling oil prices, while the food and beverages sector pushed European markets to fresh seven-year highs.

Aust dollar slumps below US78c

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Local unit sinks under US78c just 24 hours after reaching one-month high above US79c.

Aust dollar drops on investment figures

by AAP
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Soft business investment figures weigh on local unit, fuelling expectations of rate cut.

Scoreboard: Calm waters

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Wall Street was flat as investors chewed over Janet Yellen's second day of testimony, while European shares eased on mixed earnings results.

Aust dollar soars to one-month high

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Local unit retains momentum, briefly moves beyond US79c on Fed talk.

Aust dollar rises on Yellen, China data

by AAP
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Local dollar firms on strong Chinese data, soft greenback.

Aust dollar back above US78c

by AAP
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Local unit jumps three-quarters of a US cent, as US Fed remains doveish on rate hikes.

Aust dollar nudges higher on data

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Local currency rise slightly on release of wage, construction work done data.

Scoreboard: Fed comfort

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Wall Street and European markets hit record highs following comments from Janet Yellen and after eurozone creditors approved Greece's list of reforms.

Aust dollar surges past US78c

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Local unit caps a roller-coaster 24 hours with fresh move above US78c.

Aust dollar tumbles below US78c

by AAP
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Local unit falls in line with NZ dollar, Fed expectations weigh.

Aust dollar slips before US Fed talk

by AAP
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Local currency hovering above US78c before Janet Yellen's testimony this evening.

Scoreboard: Fed jitters

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The US market fell as investors await testimony by Federal Reserve Chair Janet Yellen, while the Australian dollar slipped below US78 cents.

Aust dollar hit by US dollar strength

by AAP
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Local unit drops below US78c on Fed fears as investors overlook poor US data.

Aust dollar stronger in late trade

by AAP
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Local unit hovers trades at US78.36c in the wake of Greece bailout deal.

Aust dollar rallies at noon

by AAP
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Local currency edges up on growing optimism about bailout talks between Greece and it EU partners.

The perils of internationalising the Chinese yuan

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Given China’s current economic and financial instability, any attempt to suddenly throw open capital account controls in order to internationalise the currency is foolhardy.

Aust dollar climbs on Greece

by AAP
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Local unit moves higher as bailout extension tentatively agreed to in EU.

Scoreboard: US booster shot

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With Wall Street having closed at record levels on Friday, and after positive news around the Greek bailout program, the Australian sharemarket is set for a strong start to the week.

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