U.S. dollar strength is here to stay. Greenback had a strong recovery last week. Strong dollar will continue to put pressure on commodities, commodity currencies and also emerging markets. 162 more words


Australian Dollar during the 1997 Asian financial crisis

Performance of the Australian Dollar during the Asian financial crisis. The falling Dollar acted as a buffer, protecting the Australian economy from the Asian contagion. 21 more words

Australia & NZ

Finance news you need to know today

Visitors pose in front of Facebook’s headquarters in Menlo Park, California. Source: AFP

HERE are nine things making news in business and finance around the world today. 278 more words


Australian dollar follows Asian stocks, metals lower

European stock markets fell after another plunge on China’s main index. Source: Getty Images

THE Australian dollar is slightly lower, weighed down by falls in Asian and European stocks and base metals prices. 76 more words


12 Aug 2015 (TheAge) - China drops the yuan and sinks the Australian dollar - Aussie into sharp fall

(12 August 2015, The Age, BusinessDay, p23, Philip Wen, Mark Mulligan and Rose Powell)

‘China’s central bank moved to devalue its currency on Tuesday – sending the Australian dollar tumbling with it – as the world’s second-largest economy waded into the global currency war to support its faltering economy.’ 6 more words

1.Market Observations

Airfare tips for Australia winterim, part III: When to purchase

It only takes a bit of searching around  the web to realize how complex purchasing an airline ticket can become.  A final aspect I’ll deal with, at least for the time being, is when to purchase tickets. 852 more words

Australia Winterim Trip

What China's currency call means for the AUD

Chinese officials have taken the currency market by surprise today, devaluing the yuan in an apparent effort to blunt criticism over China’s exchange-rate policy.

So, what does that mean for the Aussie dollar? 108 more words