ASX up despite tech weakness
The ASX gained ground despite ongoing weakness in the tech sector in multiple global markets, with banks the standout performer locally.
The ASX gained ground despite ongoing weakness in the tech sector in multiple global markets, with banks the standout performer locally.
The ASX finished higher after a positive lead from Wall Street, with energy stocks rising following an attack on Saudi Arabia’s oil facilities.
An extremely volatile session on Wall Street, which hammered tech stocks, rubbed off on Australia’s sector, helping send the ASX lower.
The ASX had a volatile session, with big names losing ground including Myer, Woolworths, Rio Tinto and CSL.
THE Australian dollar has dropped to a near eight-month low overnight.
THE Australian dollar has continued to fall as the greenback goes from strength to strength.
YOUR Amazon purchases and overseas holidays might get more expensive, but the falling dollar means things are looking up for the Aussie economy.
THE Australian dollar is regaining some ground following its fall on suggestions the US could have more interest rate hikes next year.
THE Australian dollar has dropped more than one US cent overnight to a fresh six-month low after the US Fed signalled more interest rate hikes next year.
THE Australian dollar has rebounded overnight, surging towards 91 US cents as the greenback takes a hit.
THE Australian dollar has recovered some ground following its dip below 90 US cents, helped along by some US dollar weakness.
THE Australian dollar has hit a fresh six-month low, barely keeping its head above 90 US cents.
THE Australian dollar has fallen below 91 US cents for the first time in six months, despite the release of very strong local jobs figures.
THE Australian dollar is almost unchanged against the US dollar in cautious trade ahead of the release of August employment figures.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/124