The Australian dollar dropped well below the US80c mark overnight following a US Federal Reserve announcement that gave no concrete time-frame as to when rates will move. 73 more words
Tags » AUSTRALIAN DOLLAR
The Australian dollar rose almost one US cent following inflation figures that came in as expected.
Australia’s headline consumer price index (CPI) rose 0.2 per cent in the December quarter, for an annual rate of 1.7 per cent, in line with market expectations. 16 more words
The Australian dollar has touched a new five-and-a-half-year low, hitting US78.66c at 9.11am AEDT.
The Aussie dollar has picked up slightly, trading at US78.80c at 9:43am AEDT, but it’s still 0.4 per cent lower than it was at the US close. 57 more words
I think this is a pretty fair statement, but in another email today Larry Edelson, someone (only) associated with the same company, Money and Markets, has sent out an email saying the DOW will go to 31,000 by 2016 and please watch his video to understand the reasons why. 479 more words
The Australian dollar could be about to dive below 80 US cents for the first time in almost six years.
That’s the forecast from ANZ, which on Thursday declared the dollar is spending its final days above the 80 US cent mark, suggesting expectations of future interest rate cuts could push the currency lower. 150 more words
Canada Cuts Rates ... ECB to Print Euros Like Crazy! . . . this is the story that has caught my interest!
In September 2014 we started to see the Australian dollar take on a new trend dropping from the mid 90s down to mid 80s and most recently hitting the low 80s. 510 more words