Currency

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.

Aust dollar to be worst performer in 2015: analysts

Bank of America Merrill Lynch analysts tip local currency will fall to US80c next year.

Tokyo stocks end 0.25% stronger

by AAP
Nikkei boosted as yen loses more ground against US dollar.

Australian dollar has biggest tumble in a year

by AAP
Local currency posts largest weekly fall in a year, below 91 US cents against a strengthening greenback.

Australian dollar hits six-month low

by AAP
Local currency falls below US91c despite yesterday's strong jobs data.

Sterling recovers slightly after Scottish poll

Pound lifts from 10-month low after poll shows lead for 'No' vote on independence.

Euro still too strong: Bank of France

Noyer says ECB must continue weakening euro to reach inflation target.

Aust dollar edges back from jobs-fuelled high

by AAP
Local unit slips back below US92 cents in late trade.

Strong jobs data boosts dollar

Investors rush to local currency as jobs number surges in August, setting a monthly record.

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