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Australian Dollar

‘More to come’ after shock rate hike

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‘More to come’ after shock rate hike

The Reserve Bank has announced a historic interest rate hike and set the scene for further rate rises over the coming months.

RBA surprise spooks ASX investors

RBA surprise spooks ASX investors

The ASX was travelling flat on Tuesday until a steeper-than-expected rate hike from the Reserve Bank sent investors fleeing for cover.

CANBERRA, AUSTRALIA - FEBRUARY 05: Reserve Bank Governor Philip Lowe at the Standing Committee on Economics at Parliament House on February 05, 2021 in Canberra, Australia. In an address to the National Press Club earlier this week, Reserve Bank of Australia governor Philip Lowe indicated being in favour of a permanent rise in the dole, declaring it an issue of fairness while revealing the economy could need record low interest rates until the middle of the decade. (Photo by Sam Mooy/Getty Images)

ASX smashed as traders brace for rate hike

ASX investors were back-pedalling from the get-go on Monday after a brutal sell-off on Wall Street knocked tech shares sharply lower.

SYDNEY, AUSTRALIA - NewsWire Photos JULY 05, 2021: A member of the public is seen checking the stocks at the ASX in the CBD, as we enter week 2 of Covid-19 lockdown in Sydney Australia. Picture: NCA NewsWire / Gaye Gerard

ASX braces for rough ride

The Australian sharemarket is set for a rough start to the week after a brutal sell-off on Wall Street on Friday night.

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Australian Dollar

MONEYSAVERHQ .. Australian One Dollar Coins over Black

Australian dollar higher

THE Australian dollar is higher after the US Federal Reserve’s policy committee said it would not begin raising interest rates for “a considerable time”.

Australian Dollar

Aussie one dollar coins, on a twenty dollar note.

Australian dollar rallies

THE Australian dollar is back above 94 US cents as the greenback continues to weaken.

Australian Dollar

An Australian one-dollar coin is arranged for a photograph in Sydney, Australia, on Wednesday, April 17, 2013. Direct trading between the Australian dollar and yuan started on April 10. Photographer: Ian Waldie/Bloomberg

Australian dollar boosted

THE Australian dollar is higher after the greenback lost some of its strength.

Australian Dollar

Aussie one dollar coins, on a twenty dollar note.

$A steady as US goes on holiday

THE Australian dollar has moved little over the weekend as the US celebrated the Independence Day holiday.

Australian Dollar

A 1 Australian Dollar coin and a 1 US Dollar note are seen in Canberra, Tuesday, May 21, 2013. As the US economy rebounds, there are predictions that the Australian dollar could fall as low as 90 US cents in the coming weeks and months. (AAP Image/Lukas Coch) NO ARCHIVING

Australian dollar down

THE Australian dollar is lower following strong US jobs figures and comments from the Reserve Bank governor about the currency being too high.

Australian Dollar

An Australian one-dollar coin is arranged for a photograph in Sydney, Australia, on Wednesday, April 17, 2013. Direct trading between the Australian dollar and yuan started on April 10. Photographer: Ian Waldie/Bloomberg

Australian dollar lower

THE Australian dollar is lower, weighed down by disappointing trade figures and a stronger greenback.

Australian Dollar

MONEYSAVERHQ .. Australian One Dollar Coins over Black

Australian dollar soars

THE Australian dollar has shot up above 95 US cents after the Reserve Bank of Australia gave a more neutral statement than the market expected.

Australian Dollar

File-This Feb. 18, 2007, file photo shows an unsold 2006 Grand Prix sedan sitting outside a General Motors dealership in Boulder, Colo. General Motors’ safety crisis worsened on Monday, June 30, 2014, when the automaker added 8.2 million vehicles to its huge list of cars recalled over faulty ignition switches. The latest recalls cover seven vehicles, including the Chevrolet Malibu from 1997 to 2005 and the Pontiac Grand Prix from 2004 to 2008. The recalls also cover a newer model, the 2003-2014 Cadillac CTS. GM said the recalls are for “unintended ignition key rotation.” (AP Photo/David Zalubowski, File)

Business news you need to know

IT’S getting worse for General Motors, which has recalled a further 8.4 million vehicles. Meanwhile, housing prices in China has fallen for a second month.

Australian Dollar

Aussie one dollar coins, on a twenty dollar note.

Australian dollar strong

THE Australian dollar remains above 94 US cents after a batch of disappointing US economic data weakened the greenback.

Australian Dollar

COST OF RUNNING A CAR .. Australian currency / note / cash

Australian dollar higher

THE Australian dollar is higher against the weakened greenback following more disappointing economic data out of the US.

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Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/144