TOKYO (Reuters) - The dollar hung fire on Tuesday ahead of several central bank meetings this week, while the Australian dollar erased early gains after its central bank raised rates but left investors pondering the timing of... [read full story]
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THERE will be plenty of whining about the effect of yesterday’s interest rate rise on borrowers. How about giving the lender’s view? Were I to lend money at 5 per cent I would lose 2 per cent in tax and 2-3 per cent to...
THE Australian dollar closed lower today as a bigger than expected fall in monthly retail sales data dampened market expectations for a rate rise by the central bank next month. At 5pm AEDT, the Australian dollar was trading at...
RBA Raises Interest Rates by 0.25 for the Second Consecutive Month The Reserve Bank of Australia lifted the official cash rate by 0.25 percentage point to 3.5% on 3 November 2009. While most Australians were busy concentrating...
Wednesday November 4, 2009, 3:59 pm Weaker discretionary spending dragged retail sales lower in September as the stimulus from the federal government's cash payments receded. The result is likely to encourage the Reserve Bank...
THE dollar was lower at noon, after worse-than-expected retail trade figures doused currency dealers' hopes for another interest rate rise in December. At 12.00pm AEDT, the Australian dollar was trading at $US0.9010/13, down...
Wednesday November 4, 2009, 12:23 pm A worse-than-expected retail trade result for September increases the likelihood that the Reserve Bank of Australia (RBA) may leave interest rates unchanged in December, economists say....
AAP A worse-than-expected retail trade result for September increases the likelihood that the Reserve Bank of Australia (RBA) may leave interest rates unchanged in December, economists say. Australian retail trade at current...
AAP A worse-than-expected retail trade result for September increases the likelihood that the Reserve Bank of Australia (RBA) may leave interest rates unchanged in December, economists say. Australian retail trade at current...
While the & #160;Reserve Bank & #160;followed form and lifted its key interest rate by 0.25% to 3.50% yesterday, there's a tip of another kind from the post meeting statement: watch the impact of the Australian dollar.The...
AAP The Australian dollar opened lower on Wednesday after the widely expected interest rate rise failed to entice investors into the domestic currency. At 0700 AEDT, the Australian dollar was trading at $US0.9003/06, down from...
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