March 4, 2014 8:00 am
Australian dollar managed to recover from earlier daily losses against its US counterpart on Tuesday, while the Reserve Bank of Australia (RBA) decided to keep borrowing costs without change at its policy meeting today, as the exchange rate of the national currency was still high. Having touched a session low at 0.8910 at 3:45 GMT, […]
Read moreMarch 3, 2014 8:43 am
Australian dollar managed to trim earlier losses against its US counterpart on trading Monday, but remained close to lows unseen in one month, as geopolitical tensions prompted investors to reduce their possessions of riskier assets. Having touched a daily low at 0.8891 at 0:53 GMT, also the pairs lowest point since February 5th, AUD/USD traded […]
Read moreMarch 2, 2014 12:30 pm
Shares of United Continental Holdings Inc. (UAL) tumbled after the company projected a key revenue indicator may decrease during the first quarter, as severe weather has led to the cancellation of over 22 500 flights. Revenue for each seat flown per mile is expected to drop by 0.5% to 2.5% in comparison with a year […]
Read moreMarch 1, 2014 2:36 pm
Australian dollar extended daily losses against its US counterpart during late US session on Friday ahead of Reserve Bank of Australias policy meeting next week and as prospects of maintained stimulus reduction by the Federal Reserve led to lower demand for high-yielding currencies, such as the Aussie. AUD/USD touched a new session low at 0.8916 […]
Read moreFebruary 28, 2014 8:09 am
Australian dollar was slightly changed against its US counterpart on trading Friday, as prospects of maintained stimulus reduction by the Fed led to lower demand for high-yielding currencies, such as the Aussie. AUD/USD reached a daily low at 0.8939 at 4:50 GMT, after which the pair consolidated at 0.8957, down 0.10% for the day and […]
Read moreFebruary 27, 2014 8:15 am
Australian dollar touched lows unseen in almost three weeks against its US rival on trading Thursday, following a report, which showed private capital expenditures in Australia shrank at the fastest pace in four years in the fourth quarter of 2013. AUD/USD fell to a daily low at 0.8917 at 0:36 GMT, also the pairs lowest […]
Read moreFebruary 26, 2014 8:21 am
Australian dollar managed to trim earlier losses against its US counterpart on trading Wednesday, which were due to considerably weaker than projected construction work done in Australia during the final quarter of 2013, while prices of iron ore, Australias largest export, plummeted to seven-month lows on Tuesday. Having slid to a session low at 0.8970 […]
Read moreFebruary 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 […]
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