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Aussie dollar turnaround hits three-month high against Greenback
THE Australian Dollar’s positive run over the past few weeks has seen it crawl back from dismal winter figures. After numerous yearly lows and even lower business confidence the Aussie has now set the...
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Aussie Dollar fairly valued according to Big Mac Index
THE Aussie dollar has experienced its first stable week in a while after a roller coaster winter that saw numerous lows and swings. This is a welcome sign for the Aussie, and has provided investors...
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Australian dollar weakens ahead of RBA meeting
THE Australian dollar ended September weaker than anticipated as hopes of a comeback were short lived thanks to positive news out of the UK. Speculation about future RBA interest rate decision...
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Australian dollar waits for unemployment figures
THE Australian dollar saw late week strengthening from Thursday morning, to end the week at 1.6984 against the British Pound and 1.0591 against the US Dollar. The start of the week however was far...
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Aussie fights back in uncertain times
By Elizabeth Britz LAST week saw the Australian dollar claim back lost ground as it rallied against the British pound and Euro. The Aussie Greenback battle was highly volatile last week due to...
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Australian Dollar weakens on the back of strong US jobs data
By Dylan Goate THE Australian Dollar weakened last week Tuesday after the Reserve Bank Governor said that the local currency was ‘’uncomfortably high’’. The RBA Governor stated that a weaker currency...
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Australian Dollar reaches one-week high
By Damian Sutherland ON Thursday the Australian Dollar hit a one-week high following expectations China’s economic reform plans would help Australia’s number one trading partner drive up their own...
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Australian Dollar Weaker after Chinese Data
The Australian Dollar started the week well on the back of positive Purchasing Manager’s Index data out of China. These gains were quickly erased, however, by strong data being released during...
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The Aussie Dollar remains vulnerable
The Aussie Dollar remains under pressure. It weakened last week, when support for US Dollars increased as the Federal Reserve announced plans to further reduce their bond-buying (quantitative easing...
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Aussie slumps, then recovers, after weak employment data
The Australian Dollar opened the week strong on the back of positive Chinese data reflecting a trade surplus rise of 14 per cent. However, indications that China’s economy is on the mend only briefly...
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Aussie dollar continues downtrend as Russia threatens Ukraine invasion
The Australian Dollar continued to weaken last week, with asset flows favouring the US Dollar over the Aussie as both countries reported mixed economic numbers. The Aussie continued to weaken on...
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Aussie dollar stands up to China despair
There has been a lot of data out of China and Australia over the last few weeks with the Aussie dollar moving back above 90 U.S cents. We know the Chinese economy, due to its demand for our resources,...
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Stevens needs Yellen’s help on Aussie dollar
After a stint on the side-lines, Reserve Bank of Australia Governor Stevens has resumed attempts to talk the Aussie dollar down. The jawboning is a timely return given the recent surge higher but is...
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