9 Sept 2017 (AFR,SMH) - Australian dollar soars to two-year high of US81c

(9 September 2017, AFR, p3, Sarah Turner, Patrick Commins)

‘The Australian dollar hit two-year highs against its US counterpart this week, a handy boost to Aussies looking to buy overseas goods or holiday abroad this summer. 58 more words

1.Market Observations

15 July 2017 (TheAge) - 'Parabolic' rise takes Aussie dollar to 2017 high

(15 July 2017, p5, The Age, BusinessDay, Jens Meyer)

‘Tailwinds combined for the Australian dollar this week to push the currency to its highest level of the year against the greenback. 68 more words

1.Market Observations

Caution on China Exposure As Credit Is Starting to Dry Up

When the RBA decided earlier this week to hold fire on gunning for a gradual rise in interest rate expectations, surely it was considering this: China credit impulse with a 9 month lead is taking a dive. 143 more words

Foreign exchange rates

These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Tuesday. Quotations in Canadian funds.

Australia dollar 0.9843

Brazil real 0.3915… 54 more words

PMN Business

Soft RBA Tone and Quiet China Liquidity Drain to Constrain AUD

The Reserve Bank of Australia expressed more caution than market participants expected in its monetary policy statement this morning.

The nuanced hawkish rhetoric shift by other advanced economy central banks recently, particularly from the RBA’s key commodity producer counterpart in the west, the Bank of Canada, was not imitated by RBA Governor Lowe. 250 more words

Finance News Update, what you need to know


The Australian market looks set to open flat after both the Dow and the S&P 500 closed steady on Wall Street.

At 0700… 244 more words