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  1. Business - Banking & Finance - CURRENCIES

    Australia dollar down as consumer confidence drops

    Posted Sep 11th 2014, 06:02am by Bloomberg

    ... Bloomberg US dollar rallies amid expected increase in interest rates next year by Federal Reserve Australian dollar down as consumer confidence drops Australia's dollar fell below its ... are so oversold that now people are looking to a positive US dollar bias against the Aussie." The Australian dollar dropped 0.4 per cent to 91.64 US cents in Tokyo from Tuesday. The 200-day ...

  2. Business - Banking & Finance - CURRENCIES

    Australian dollar extends decline on Fed tapering

    Posted Dec 31st 2013, 01:36am by BLOOM

    ... Bloomberg Australian dollar extends decline on Fed tapering The Australian dollar headed for its biggest yearly decline since 2008 as signs of improvement in the economy in the United States boosted expectations that the Federal Reserve will continue to scale back stimulus that has debased the US dollar. The Australian currency weakened, extending the worst weekly run ...

  3. Business - Economy - CURRENCIES

    Australian dollar may fall more, says reserve bank

    Posted Jun 19th 2013, 12:00am by Bloomberg

    ... Bloomberg in Sydney Australian dollar may fall more, says reserve bank The Australian dollar might fall further as export prices eased, the country's central bank said, as it repeated ... the trigger. "There is little here to dissuade us from expecting the RBA to stand pat again next month." The Australian dollar fell to 94.76 US cents in Sydney from 95.43 US cents before ...

  4. Business - Economy - CURRENCIES

    Yuan and Australian dollar to start direct trading

    Posted Apr 09th 2013, 12:00am by Bloomberg

    ... Bloomberg Yuan, Australian dollarto start direct trading China will start direct trading between the yuan and the Australian dollar from tomorrow, according to Australian Prime Minister ... businesses, but also for our small and medium enterprises that want to do business here," she said. A formal announcement of the plan, which will see the Australian dollar become the third major ...

  5. Business - Economy - CURRENCIES

    China looking at direct yuan trade with Australian dollar

    Posted Apr 08th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Yuan move would lower transaction costs, deepen ties with vital commodities supplier Beijing looking at direct trade with Australian dollar China may soon allow its currency to trade directly with the Australian dollar, according to officials from the central bank and a top government think tank. The official at the People's Bank of China, ...

  6. Business - Economy - CURRENCIES

    Yuan jumps to 6-month high against US dollar

    Posted Sep 10th 2014, 04:05am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Rally comes after central bank raises midpoint exchange rate following record trade surplus Yuan jumps to 6-month high against dollar The yuan rose ... midpoint exchange rate for the yuan against the US dollar by 187 basis points to 6.152. The increase was the biggest since November 11, 2010, and led the yuan to hitting a six-month high of 6.1362. ...

  7. Business - Banking & Finance - CURRENCIES

    Goldman Sachs bullish on dollar as Fed moves toward higher rates

    Posted Sep 06th 2014, 05:37am by Bloomberg

    ... Bloomberg in New York Greenback enjoys groundswell of support as Fed moves towards higher borrowing costs, with Goldman predicting parity with the euro by 2017 Dollar strengthensas rate rise looms The only Wall Street bank to accurately predict the US dollar's decline last year is betting on the largest rally for the currency in 15 years. Goldman Sachs Group's chief ...

  8. Business - Banking & Finance - CURRENCIES

    NZ dollar's continued fall boosts expectations for rate rise

    Posted Aug 25th 2014, 03:34am by Reuters

    ... Reuters in Wellington Kiwi fall boosts rate rise expectations The New Zealand dollar has tumbled to six-month lows against the US dollar and may fall further, giving the Reserve Bank of New Zealand room to raise interest rates again before the end of the year. The kiwi has dropped about 5 per cent over the past month to 84 US cents, taking it to levels last seen before ...

  9. Business - Economy - CURRENCIES

    Aussie, Canadian dollars find favour with global central banks after falls

    Posted Oct 14th 2013, 12:00am by Bloomberg

    ... and Australian dollars since at least 2011 are making the currencies more attractive to global reserve managers. Purchases of Canadian dollars by central banks totalled US$16.8 billion in the second ... the Canadian dollar dropped 3.3 per cent in the period and the Australian dollar fell 12 per cent in the worst performance among the 31 major currencies tracked by Bloomberg. "The reserve-currency ...

  10. Business - Money - CURRENCIES

    European renminbi payments double, with Britain and Germany leading way

    Posted Aug 27th 2014, 09:28am by Jeanny Yu

    ... The top six are the US dollar, the euro, the British pound, the yen, the Australian dollar and the Canadian dollar. ...




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