(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
Tags » AUSTRALIAN DOLLAR
Forex - Dollar slightly higher after Yellen, loonie jumps on rate...
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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
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
WORLD FINANCE UPDATE:
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
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