Market puts August rate cut at 50-50
AAP The Reserve Bank of Australia has left the cash rate steady but the futures market sees the chance of a cut next month as a 50-50 proposition. In a widely expected decision, the central bank left...
View ArticleAustralia central bank keeps easing bias, talks down A$
Australia’s central bank kept its main cash rate at a record low of 2.75 per cent on Tuesday and said there might be room for further easing, given the local currency remained too high for comfort....
View ArticleRBA easing bias sends dollar down
The Australian dollar came under renewed pressure today after the Reserve Bank of Australia kept the door open to further interest rate cuts and tried to talk down the currency. As expected, the...
View ArticleFor Australia, ‘R’ Word May Not Mean Recession
Despite growing concerns that Australia is headed for a major downturn, economists argue that the "R" word for the country doesn't mean recession, but rather a rebalancing of the economy that it...
View ArticleRBA Says Rate Appropriate After Aussie Drop, Has Room to Cut
Australia’s central bank said the currency’s decline and past interest-rate cuts meant its policy setting was appropriate even as it maintained room for future reductions, according to minutes of its...
View ArticleRBA tempers rate cut talk
The Reserve Bank has maintained an easing bias while acknowledging that a sharp fall in the Australian dollar and previous interest rate cuts supported its decision to keep the cash rate on hold this...
View ArticleNZ dollar weakens with Australian dollar on RBA easing bias
Wednesday, 21 November 2012, 9:05 am Article: BusinessDesk NZ dollar weakens with Australian dollar on RBA easing bias Nov. 21 (BusinessDesk) – The New Zealand dollar weakened along with the...
View ArticleExports remain at near record levels
The mining boom has helped Australia post its second highest level of monthly exports despite an economic slowdown in Asia, economists say. Exports rose 2per cent to $27.792billion, seasonally...
View ArticleAustralian dollar skids to one-month lows after RBA cuts interest rates
SYDNEY/WELLINGTON: The Australian dollar slipped to one-month lows on Tuesday after the Reserve Bank of Australia (RBA) cut rates to a three-year trough of 3.25 per cent and left the door ajar for...
View ArticleRBA stays on hold, says cuts are working
AAP The central bank has kept the cash rate at the record low of 2.75 per cent at its June board meeting, saying that recent rate cuts are helping the economy. The Reserve Bank of Australia's decision...
View ArticleDollar in holding pattern as Fed, US GDP loom
The dollar struggled to extend modest overnight gains early in Asia on Wednesday as investors trod cautiously ahead of the outcome of the Federal Reserve policy review that could see the central bank...
View ArticleDollar buoyed by RBA minutes
The Australian dollar found a tentative footing on Tuesday, following recent steep declines on the US dollar and yen, aided by less dovish than expected comments from the Reserve Bank and firmer...
View ArticleFOREX-Dollar hovers above 2-month low vs yen; Aussie down on RBA
* Market nervous ahead of Fed signals on stimulus * Dollar/yen outlook tied to stocks, rather than U.S. bond yields * U.S. CPI in focus ahead of Fed's meeting on Tues-Wed * Aussie drops after dovish...
View ArticleDollar rallies on Chinese trade data
The Australian dollar extended recent gains this afternoon after China trade data far-exceeded expectations, helping offset the drag from a soft jobs report at home. The Aussie leapt nearly 1 cent to...
View ArticleAussie dollar hit as tame inflation offers scope for easing
WELLINGTON/SYDNEY: The Australian dollar took a hit on Wednesday after a surprisingly benign inflation suggested there was still plenty of scope for further interest rate cuts, though investors still...
View ArticleRBA cuts inflation outlook as dollar, mining-boom peak weigh on growth
RBA governor Glenn Stevens ... the central bank estimates that consumer prices will rise 2 per cent in the year to December 2013, compared with as much as 3 per cent forecast three months earlier....
View ArticleAustralian dollar rallies to 5-week peak after RBA holds rates
WELLINGTON/SYDNEY: The Australian dollar rallied to five-week highs on the U.S. dollar and two-month peaks against the euro on Tuesday after the Reserve Bank of Australia (RBA) held rates steady,...
View ArticleRBA's dollar warning clouds next rates move
THE Reserve Bank kept interest rates on hold at record lows yesterday, issuing another warning that the dollar was undermining economic growth, leaving economists divided over whether the next...
View ArticleDollar slips on rates decision
The Australian dollar fell sharply on Tuesday as investors cut bullish bets on the currency amid worries about slower Chinese growth and after the Reserve Bank kept alive expectations for further rate...
View ArticleAussie Dollar Holds Decline After RBA Says Currency Remains High
Australia’s dollar remained lower after the Reserve Bank said the currency is strong and that the nation’s inflation outlook provides some scope for further monetary easing. The Aussie weakened...
View ArticleAustralian dollar may fall more, says reserve bank
The Australian dollar might fall further as export prices eased, the country's central bank said, as it repeated that it had room to cut interest rates again, according to minutes of its June 4...
View ArticleExports remain near record levels
The mining boom has helped Australia post its second highest level of monthly exports despite an economic slowdown in Asia. Exports rose 2 per cent to $27.792 billion, seasonally adjusted, in...
View ArticleAustralia central bank holds rates, sets high hurdle for easing
(Adds market, analyst reaction) * RBA holds rates at 4.25 pct as expected after March meeting * Leaves door open for an easing, but only if economy retreats * Market looks forward to solid growth in...
View ArticleNew Zealand, Australian dollars consolidate on RBNZ interest rate decision
SYDNEY/WELLINGTON: The New Zealand and Australian dollars held their ground against the greenback on Wednesday and consolidated recent gains on the yen and sterling as investors waited for an interest...
View ArticleDollar dives after taking hit on currency markets
After spending most of the past two years more valuable than the greenback, the Australian dollar has finally been driven well below parity with its American counterpart. The exchange rate tumbled to...
View ArticleRBA tipped to hold 2.5pc cash rate
The Reserve Bank of Australia is likely to keep the cash rate on hold this week as it awaits the outcome of the federal election and allows the August rate cut to work. All 14 economists surveyed by...
View ArticleRBA tipped to hold 2.5% cash rate
The Reserve Bank of Australia is likely to keep the cash rate on hold this week as it awaits the outcome of the federal election and allows the August rate cut to work. All 14 economists surveyed by...
View ArticleRBA offers no hints on further rate cuts
AAP The Reserve Bank has adopted a wait-and-see approach on the cash rate, allowing for the federal election and previous rate cuts to take effect. Tuesday's decision to leave the rate unchanged at...
View ArticleResilient dollar tipped to show more strength
The dollar's remarkable resilience to headwinds from Europe looks set to continue as Australia stands tall in a shrinking pool of top-rated countries, but a firm currency could force the Reserve Bank...
View ArticleRBA talks the dollar down
Falling ... Australia's nominal effective exchange rate, which measures the value of the currency against other major counterparts. Photo: Reuters Reserve Bank has scope for more rate cuts Michael...
View ArticleDollar rallies as RBA shuns easing bias
The Australian dollar rallied on Tuesday after the Reserve Bank left interest rates at a record low, as widely expected, but surprised some market watchers by not giving an explicit indication there...
View ArticleDollar slips on dovish RBA statement
The Aussie dollar eased after the Reserve Bank of Australia (RBA) held rates unchanged, but left the door wide open for further easing if necessary to support an economy battling a strong currency....
View ArticleCrumbling Aussie—Why Economists Aren't Worried
The rout in the Australian dollar continued on Monday falling to a 33-month low against the U.S. dollar, as the battered currency loses its high yield and safe haven appeal. But economists tell CNBC...
View ArticleRBA, retail sales boost dollar
The Australian dollar staged a sharp recovery on Tuesday as upbeat domestic data and a balanced policy update from the Reserve Bank of Australia (RBA) led markets to pare back expectations on the...
View ArticleDollar dilemma: below parity and going south
ANALYSIS After spending most of the past two years more valuable than the greenback, the Australian dollar has finally been driven well below parity with its American counterpart. The exchange rate...
View ArticleAussie & NZD trim losses; RBNZ rate review eyed
* Aussie off lows after CPI cools August rate cut expectations * Australia Q2 inflation slowest in over a decade * RBNZ seen keeping rates steady at 2.5 pct on Thursday By Cecile Lefort and Naomi...
View ArticleRBA Saw Potential for Lower Aussie as Rate-Cut Scope Remains
Australia’s central bank said the local dollar may fall further as export prices ease and repeated it has room to cut interest rates again, according to minutes of its June 4 meeting at which it held...
View ArticleAustralian dollar fades on dovish RBA, NZ dlr off 1-1/2 yr peak
SYDNEY/WELLINGTON: The Aussie dollar eased on Tuesday after the Reserve Bank of Australia (RBA) held rates unchanged, but left the door wide open for further easing if necessary to support an economy...
View ArticleFalling $A makes RBA rate cut unlikely
AAP The Reserve Bank of Australia is unlikely to cut interest rates on Tuesday as the falling Australian dollar does the central bank's heavy lifting. All but one of the 13 economists surveyed by AAP...
View ArticleWeaker dollar likely to keep rates on hold
Is an end of the easing cycle nearing? The Reserve Bank is likely to keep the cash rate on hold for another month, with a weaker Australian dollar reducing the need for it to cut again to stimulate...
View ArticleDiollar skids after RBA rate cut
The Aussie skidded today after the Reserve Bank cut interest rates in the first easing in two-and-a-half years, and investors wagered on more. The dollar fell almost a cent to $US1.0432 after the RBA...
View ArticleDollar jumps as RBA disappoints ultra-doves
The Australian dollar got a lift on Tuesday after the Reserve Bank of Australia cut interest rates to a record low, as widely expected, but surprised some market players by not giving a clear...
View ArticleAussie dollar rallies after RBA; markets pare back easing risks
WELLINGTON/SYDNEY: The Aussie dollar staged a sharp recovery on Tuesday as upbeat domestic data and a balanced policy update from the Reserve Bank of Australia (RBA) led markets to pare back...
View ArticleDollar skids after RBA rate cut
The Aussie skidded today after the Reserve Bank cut interest rates in the first easing in two-and-a-half years, and investors wagered on more. The dollar fell almost a cent to $US1.0432 after the RBA...
View ArticleAustralian & New Zealand dollars trim losses; RBNZ rate review eyed
Tweet WELLINGTON/SYDNEY: The Australian dollar regained some ground on Wednesday after a reading on inflation cooled expectations of an interest rate cut next month, but the high-beta currency still...
View ArticleRBA Holds Key Rate at Record-Low 2.5% as Currency Pressure Eases
Australia’s central bank left its benchmark interest rate unchanged at a record low as a weakening currency boosts export industries, aiding the economy’s transition from resource-investment led...
View ArticleDollar still feeling the heat from RBA
The Australian dollar struggled near three-month lows against the greenback on Monday, still feeling the heat from the Reserve Bank of Australia's recent intervention threat, and was trading at...
View ArticleAustralia dollar savaged as bears heed RBA's call
* Aussie slides to lowest since August vs US dollar * RBA chief repeats call for a lower currency, market listens * NZD outperforms as strong domestic data reinforces rate outlook By Gyles Beckford...
View ArticleDollar rally runs out of puff
The Australian dollar ran into profit-taking on Friday as five straight weeks of gains left the currency overstretched and soft trade figures from China provided an excuse to sell. The Aussie was also...
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