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Results 1 - 10 of 15 for australian dollar

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  1. Despite scare, dollar is in little danger

    Posted Nov 13th 2007, 12:00am by Tom Holland

    ... dollar and the Australian dollar. But the past week's falls felt different and they badly rattled the foreign exchange market. Comments by mainland officials were largely to blame. ... Tom Holland The US dollar has slipped to long-term lows against a range of major currencies in recent days, prompting a rising volume of talk about how the greenback is in danger of losing ...

  2. Asia's cash hoarders show crisis mindset

    Posted Oct 29th 2003, 12:00am by Jake Van Der Kamp

    ... 1 last year, which we shall take as the peak of US dollar strength, the Australian dollar has risen by 37.8 per cent against its US counterpart and the euro by 36.5 per cent. Then you get pound ... dollar terms, which means that people who think in euro and Australian dollars have seen no real gain in the value of their gold holdings at all. This may still satisfy them, however, ...

  3. Mainland expands options for forex trade

    Posted May 19th 2005, 12:00am by Mark O'Neill

    ... trading between eight pairs of foreign currencies, including euro to US dollar, Australian dollar to US dollar, sterling to US dollar, US dollar to Hong Kong dollar, US dollar to Canadian dollar, US dollar to yen and euro to yen. The new trading involves only foreign currencies. The China Securities Journal yesterday quoted a People's Bank official as saying the service would aid ...

  4. Let's hope the HK government understands what it's in for

    Posted Aug 17th 2011, 12:00am

    ... seen a significant flow of funds out of the US dollar and into currencies like the Swiss franc, the Australian dollar and even the Norwegian krone, pushing them all higher. Today it is one ... peg to the US dollar is here to stay. I hope they understand what they are in for. But if they are in any doubt, perhaps they should look up the text of a lecture entitled 'What's ...

  5. Finally, gold shines after false dawns

    Posted Jan 07th 2004, 12:00am by Staff Reporter

    ... been overlooked by investors as the opportunity cost is now low because the US is keeping interest rates at 45-year lows. But as a range of currencies such as the euro, Australian dollar ... Craig Stephen IT MIGHT BE a new year, but it seems there is no change in last year's dominating trend. The US dollar plummeting against a range of currencies and gold effortlessly ...

  6. The global yuan is still a pipe dream

    Posted Mar 29th 2011, 12:00am by Kevin Rafferty

    ... cent.) Other currencies were far behind: the yen, with 19 per cent, the British pound (12.9), Australian dollar (7.6), Swiss franc (6.4) and the Hong Kong dollar a mere 2.4 per cent. The yuan: ... Kevin Rafferty There is increasingly a consensus in academic as well as in some government circles that the US dollar has had its day and it is time for a new international currency order. ...

  7. Asia banks eye euros to survive the dollar slide

    Posted Apr 22nd 2007, 12:00am by Louis Beckerling

    ... Against the background of a declining dollar, there is a trend to begin switching into euro assets, writes Louis Beckerling Asian central banks are increasingly looking to diversify out of United States dollar assets into the euro, and this is a trend that may gather momentum and make euro-currency assets an attractive component of investment portfolios, some analysts say. Others, ...

  8. The hot-money myth

    Posted Jan 07th 2011, 12:00am by Tom Holland

    ... it is only likely to rise by between 3 and 5 per cent against the US dollar this year; hardly an enticing return for a hot money speculator. The Australian dollar rose more than that in December ... inflation problem. Apparently short-term speculators are driving up prices by illicitly pumping tens of billions of US dollars of hot money into the economy. And there is more to come. Over the past ...

  9. Retreat of EU banks could hurt world: IMF

    Posted Apr 24th 2012, 12:00am

    ... economies, said Sean Craig and Andre Meier, the IMF's resident representatives in Hong Kong. And while the US dollar remains the world's currency of choice for fund-raising activities ... in Asia, but well-capitalised regional banks, such as Japanese and Australian lenders, have been stepping into the breach. They have been establishing partnerships with local Asian banks, which ...

  10. Revaluation is not the answer, says new adviser

    Posted Aug 31st 2006, 12:00am by Cary Huang

    ... Cary Huang in Beijing Devalued US dollar seen as the main culprit in global currency imbalances A newly appointed central bank adviser has launched a scathing attack on those calling ... committee, said a devalued US dollar rather than an undervalued yuan was to blame for global currency imbalances. 'The US dollar, rather than the yuan, is a major source of instability,' ...




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