ASX under pressure

The S&P 500 continues to test resistance at 2050, the upper bound of the broadening wedge. Rising 13-week Twiggs Money Flow suggests buying pressure. Breakout would offer a target of 2250*. 187 more words

US & Canada

Aust dollar lifts despite low rates talk

The Australian dollar is firmer as traders move past the Reserve Bank governor’s comments on rates staying low and focus on the US Federal Reserve. 193 more words


AUD hits seven-year high against Yen

The Australian dollar has firmed, reaching a seven-year high against the Japanese yen ahead of economic data from Australia’s second biggest trading partner.

At 7am (AEDT), the local currency was trading at… 80 more words


Aussie Dollar Flirts With US86c Mark

The Australian dollar is lower as its US counterpartĀ regains ground following its post-jobs report slump.

At 6.30am (AEDT), the local currency was trading at US86.12c, down from US86.74c on Monday. 31 more words


Engineers Develop Safer Button Battery

Engineers Develop Safer Button Battery

Button batteries, those easily ingested, little, disc-shaped batteries that power things like toys, watches, and hearing aids, are responsible for thousands of children’s… 88 more words

Aussie Dollar Dips On ECB Stimulus Talk

The Australian dollar is lower amid worries about sluggish economic growth in Europe.

At 7am (AEDT), the local unit was trading at US85.73c, down from US86.19c on Thursday. 95 more words


Aust Dollar Nosedives Below US86c; Hits Four-Year Low

The Australian dollar has endured one of its worst sessions this year as investors rallied around the US dollar on the back of mid-term elections that saw the Republican Party lock up control of both houses of Congress. 165 more words