February 25, 2014 8:12 am
Having touched daily highs due to increased demand for high-yielding assets earlier on Tuesday, Australian dollar gave back its advance against the US rival during the early phase of European session. AUD/USD touched a daily high at 0.9044 at 1:21 GMT, after which consolidation followed at 0.9023, losing 0.13% for the day. Support was likely […]
Read moreFebruary 24, 2014 7:50 am
Australian dollar traded slightly lower against its US counterpart on Monday, following its first weekly loss in four weeks, after prices of iron ore, Australias largest export, decreased last week. At the same time, prices of new homes in China, Australias largest export market, curbed their rate of increase in January. AUD/USD touched a session […]
Read moreFebruary 23, 2014 10:58 am
Shares of Genting Singapore Plc (GENS), the casino operator with the largest market capitalization in Southeast Asia, registered the largest drop since May, after the company announced earnings, which did not match experts expectations. Genting shares fell 4.6% to S$1.335, or the most considerable intraday loss in nine months. Companys stocks closed at S$1.36 in […]
Read moreFebruary 22, 2014 3:55 pm
Australian dollar extended daily losses against its US counterpart on trading Friday and registered a weekly loss for the first time in four weeks, after prices of iron ore, Australia’s largest export, dropped. Having fallen to a daily low at 0.8952 at 14:20 GMT, AUD/USD closed at 0.8978 on Friday, losing 0.31% for the day, […]
Read moreFebruary 21, 2014 8:03 am
Australian dollar lost ground against its US counterpart on trading Friday and was set to register its first weekly drop in four weeks, after prices of iron ore, Australias largest export, fell. AUD/USD touched a session low at 0.8982 at 6:30 GMT, after which consolidation followed at 0.8980, losing 0.18% for the day. The pair […]
Read moreFebruary 20, 2014 8:23 am
Australian dollar fell against its US counterpart on trading Thursday, after a report showed manufacturing activity in worlds second largest economy slowed down in February, which dampened demand for high-yielding assets. AUD/USD fell to a session low at 0.8937 at 4:10 GMT, after which consolidation followed at 0.8955, losing 0.52% for the day. Support was […]
Read moreFebruary 19, 2014 8:21 am
Australian dollar managed to pare earlier losses and traded little changed against its US rival on Wednesday before the Federal Reserve Bank releases the minutes of its most recent meeting on policy later in the day and HSBC Holdings Plc announces the preliminary value of its manufacturing PMI for China on Thursday. AUD/USD fell to […]
Read moreFebruary 18, 2014 8:20 am
Australian dollar climbed to fresh one-month highs against its US counterpart on trading Tuesday, following the release of the minutes of Reserve Bank of Australias (RBA) most recent policy meeting, which showed further signs that accommodative policy and weak national currency have led to positive economic effects. AUD/USD touched a daily high at 0.9081 at […]
Read moreFebruary 17, 2014 8:10 am
Australian dollar rose to highs unseen in one month against its US rival on Monday, after a report showed Chinese new credit expanded to a record in January, which bolstered the outlook over worlds second largest economy, while China is Australias largest export market. AUD/USD climbed to a daily high at 0.9069 at 1:30 GMT, […]
Read moreFebruary 16, 2014 7:57 pm
Deutsche Telekom AG (DTE) seeks to become a dominant player in all of its markets in Central and Eastern Europe by 2018, as the company purchases assets and bolsters its networks. Deutsche Telekom has again begun to buy assets outside Germany, after CEO Timotheus Hoettges sees improving demand in the region between the Baltic Sea […]
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