$A to rise with improved Chinese economy
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Retail and travel stocks fell on Wednesday as the Victorian lockdown continues to threaten Australia’s economic recovery.
The local currency has surged to an 11-month high aided by an underappreciated factor but the rise could be short lived.
The Australian stock market has closed up for the sixth straight day, as our dollar surged close to a yearly high due to renewed market optimism at home and abroad.
THE Australian dollar is lower against the strengthened greenback after a speech by US Federal Reserve chair Janet Yellen surprised the market.
THE Australian dollar has rebounded back above 93 US cents after losing ground on Thursday on the back of weak Chinese manufacturing data.
THE Australian dollar has continued lower after Reserve Bank governor Glenn Stevens said he would not rule out intervention to bring the currency lower.
THE Australian dollar is lower against the strengthening greenback following a rebound in US home construction.
THE Australian dollar is hovering above 93 US cents as investors await the release of the minutes of the Reserve Bank’s August board meeting.
THE Australian dollar remains above 93 US cents following last week’s disappointing batch of US economic data.
THE Australian dollar is back above 93 US cents following soft US economic data.
THE Australian dollar has risen above 93 US cents following positive economic figures out of China and weaker data out of the US.
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