February 15, 2014 5:31 pm
Australian dollar extended its daily advance against the US counterpart on trading Friday, following mixed economic data released out of the United States, which showed industrial output shrank in January, while consumer sentiment remained unchanged in mid-February. Having touched fresh daily highs at 0.9044 at 8:46 GMT, AUD/USD closed at 0.9035 on Friday, rising 0.61% […]
Read moreFebruary 14, 2014 8:07 am
Australian dollar traded higher and was poised for a weekly gain against its US peer on Friday, after a report stated that annualized consumer prices in China, Australias largest export market, rose more than projected in January. AUD/USD touched a daily high at 0.9024 at 1:30 GMT, after which consolidation followed at 0.8990, rising 0.12% […]
Read moreFebruary 13, 2014 7:55 am
Australian dollar fell sharply against its US counterpart on trading Thursday, after a report made it clear that the rate of unemployment in Australia rose to highs unseen since 2003, while employers in the country cut job positions in January. AUD/USD hit a session low at 0.8928 at 1:55 GMT, after which consolidation followed at […]
Read moreFebruary 12, 2014 8:07 am
Australian dollar managed to recover from an earlier daily loss and rose to fresh one-month highs against its US counterpart on trading Wednesday, after a report revealed Chinese imports and exports came in at considerably higher levels than expected in January. AUD/USD reached a session high at 0.9068 at 6:05 GMT, also the pairs highest […]
Read moreFebruary 11, 2014 7:40 am
Australian dollar rose to highs unseen in almost one month against its US counterpart on trading Tuesday, after official data showed that house prices and business confidence in Australia increased, while the greenback was pressured before Federal Reserve Bank Chairman Janet Yellens statement. AUD/USD touched a session high at 0.9015 at 1:05 GMT, also the […]
Read moreFebruary 10, 2014 8:08 am
Australian dollar fell against its US counterpart on Monday ahead of the official report on employment change in Australia, scheduled for release on Thursday, while Toyota Motor Corp. said it intended to terminate its operations in the south-pacific country. AUD/USD touched a session low at 0.8920 at 7:36 GMT, after which consolidation followed at 0.8928, […]
Read moreFebruary 9, 2014 4:14 pm
ArcelorMittal (MT), the largest steelmaker on the globe, projects that its profit will probably increase by 16% during 2014 on recovering demand for steel in the United States and Europe. Companys earnings before interest, taxes, depreciation and amortization (EBITDA) is expected to increase to 8 billion USD during this year, while the indicator reached 6.9 […]
Read moreFebruary 8, 2014 5:51 pm
Australian dollar traded slightly higher against its US counterpart during late US session on Friday, after an official report showed employment in the United States increased at a lesser than expected pace in January, while unemployment rate diminished. Having touched daily highs at 0.8999 at 13:57 GMT, also the highest point since January 14th, AUD/USD […]
Read moreFebruary 7, 2014 8:12 am
Australian dollar fell against its US rival on trading Friday, as markets expect the Federal Reserve Bank to continue scaling back its monetary stimulus and ahead of the keenly anticipated non-farm payrolls report, which may show that job gain accelerated in January. AUD/USD slid to a session low at 0.8922 at 1:17 GMT, after which […]
Read moreFebruary 6, 2014 8:02 am
Australian dollar rose to highs unseen in three weeks against its US counterpart on trading Thursday, following a report to show Australia recorded an unexpected surplus on its trade balance in December. AUD/USD climbed to a daily high at 0.8980 at 0:58 GMT, also the pairs highest point since January 14th, after which consolidation followed […]
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