Dollar up amid weak US wage growth data

THE Australian dollar has edged higher against the greenback, which fell on a disappointing US wage inflation report.

At 0630 AEST on Monday, the currency was trading at 73.11 US cents, up from 72.84 cents on Friday. 68 more words


EURAUD: Heading again for 2014 highs

The euro had edged up last week as Greece’s creditors head to Athens for talks over a third deal. Greek lawmakers approved last week a second round of austerity measures demanded to unlock 86 billion euros in much-needed support. 147 more words


Finance news you need to know today

L’Oreal has posted an 8.5 per cent jump in net half year profit. Source: Supplied

HERE are 16 things making news in business and finance around the world today. 450 more words

Australian dollar falls below Singapore dollar for the first time since 2009

Australian bank notes and coins.PHOTO: BLOOMBERG

SINGAPORE – The Australian dollar on Monday morning weakened below parity against the Singapore dollar for the first time since it last closed below that level in March 2009 during the global financial crisis. 308 more words


AUDUSD Trade – July 20 2015

This week began with a review of Jarratt Davis’ weekly Risk Events video. I’m watching the news events and the corresponding market action as much as possible, and getting a feel for price action following an event. 331 more words

Notes From Underground: Tsipras--1; Merkel--0; and the Sycophants of Access Journalism Prattle On

The outcome of the Greek referendum surprised all, even those who believed a NO vote was imminent. As NOTES has written ad nauseam, the referendum card was the nuclear option for Prime Minister Tsipras and he played it for a resounding impact. 996 more words


Aussie/Kiwi spread: Cancel the Buy Order For Now

Australian Dollar/New Zealand Dollar Spread

About two months ago, the Australian dollar/New Zealand dollar spread reversed off of a fifteen-year low and closed above the declining 50-day Moving Average for the first time since early November. 155 more words

Spread Trade