The dollar edged higher on Friday, building on the previous day's gains as investors pared back riskier assets, prompting higher-yielding currencies such as the Australian dollar to lose their appeal.
US stocks fell for the second day after a downgrade of technology companies such as Intel. On Friday the Australian market opened in a negative territory after a fall in Wall Street. The Australian dollar continued to sink this...
THE dollar closed lower today after weakness on equity markets and a late rally on the back of a spike in the gold price. At 5pm AEDT, the dollar was trading at 91.97 US cents, down from yesterday's close of 92.40 cents. CMC...
By TALI ARBEL AP Business Writer NEW YORK (AP) - The dollar's appeal as a safe haven sent it higher against other major currencies Thursday after reports on housing and unemployment raised fears the U.S. economy will be weak...
Asian stock markets are mostly trading in the red with notable losses on Friday with the overnight negative close on Wall Street on the back of some disappointing job reports hurting sentiment to a significant extent. With...
Aussie hit by further profit-taking * Some analysts say more losses ahead in the near term SYDNEY, Nov 20 (Reuters) - The Australian dollar slid below $0.92 on Friday after more investors hurried to lock in gains in one of the...
KIM CHRISTIAN November 20, 2009 - 2:49PM AAP The already overvalued Australian dollar will reach parity with the US dollar in the next six to 12 months and peak at about $US1.02-03, a currency strategist says. State Street...
Forex: AUD/USD: Aussie decline holds at 0.9155 and bounces to 0.9200FITITOL-->FXstreet.com (Barcelona) - Australian Dollar has declined sharply from Wednesday's high at 0.9335 to hit a fresh low at 0.9155, and the pair is...
The new junior miners ETF offers investors new possibilities in gold stocks—but the GDX vs. GDXJ choice isn't as simple as it seems. Beyond small-cap vs. large-capThe impact of the Aussie dollarDo we need a better GDX? [More...]
Deka Immobilien, Commerz Real eye Australian opportunities * Offshore prop. buyers take 22pct of $A2.28 bln in Q3 deals * Soaring Australian dollar a concern to some investors By Eriko Amaha and Sinead Cruise SYDNEY/LONDON, Nov...