Tag: Australian Dollar
Australian Dollar Rises From One-Week Low; N.Z. Dollar Declines
By Candice Zachariahs
March 10 (Bloomberg) — Australia’s dollar rose after touching a one-week low as rising domestic stocks revived demand for the currency. New Zealand’s dollar fell.
Posted: March 10th, 2009 under News.
Tags: Australian Dollar, Currencies, Currency Trading, Forex, Forex Market, Forex Trading, Global Recession, N.Z. Dollar, The Baltic Dry index, The Reserve Bank of New Zealand
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Yen Drops for Third Day on Concern Japan’s Economy Is Worsening
By Yasuhiko Seki and Ron Harui
March 10 (Bloomberg) — The yen fell for a third day against the euro before government reports that analysts say will show Japan’s recession is deepening, reducing the appeal of the currency.
Posted: March 10th, 2009 under News.
Tags: Australian Dollar, Currencies, Currency Trading, Dollar, ECB, Euro, Forex, Forex Market, Forex Trading, Global Recession, New Zealand Dollar, Yen
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Australia, New Zealand Dollars Slide as Equities Touch New Lows
By Candice Zachariahs
March 6 (Bloomberg) — The Australian and New Zealand dollars fell as U.S. equities plunged and Australia’s stock benchmark headed for its lowest close in 6 1/2 years after China quelled speculation the government will add to its stimulus plan.
Posted: March 6th, 2009 under News.
Tags: Australia stocks, Australia's economy, Australian Dollar, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession, Gross domestic product, New Zealand Dollar, trade balance, Treasury Department
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Australia, New Zealand Dollars Reach 1-Week Highs on China Plan
By Candice Zachariahs
March 5 (Bloomberg) — The Australian and New Zealand dollars advanced to the highest in a week on speculation China will add to $585 billion of stimulus plans, raising demand for commodities that comprise a majority of the two nations’ exports.
Posted: March 5th, 2009 under News.
Tags: Australian Dollar, currency, Currency Trading, Forex, Forex Trading, Global Recession, New Zealand Dollar
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Australian Dollar Drops to One-Month Low After Economy Shrinks
By Candice Zachariahs
March 4 (Bloomberg) — Australia’s dollar fell to a one- month low after a government report showed the economy unexpectedly shrank last quarter, adding pressure on the central bank to resume interest-rate cuts. New Zealand’s dollar slid.
Posted: March 4th, 2009 under News.
Tags: Australian Dollar, Currencies, currency, Currency Trading, Dollar, Federal Reserve, Forex, Forex Market, Forex Trading, GDP, Global Recession
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Australian, N.Z. Dollars Slip as Asia, U.S. Slumps Deepening
By Candice Zachariahs
Feb. 26 (Bloomberg) — The Australian and New Zealand dollars slid after government reports in Asia, Europe and the U.S. increased concerns the global recession is deepening.
Posted: February 26th, 2009 under News.
Tags: ANZ National Bank Ltd., Australian Dollar, currency, currency market, Currency Trading, Euro, G7, Global Recession, Group o Seven, N.Z. Dollar, RBC Capital Markets Ltd.
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