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Australian Dollar

SYDNEY, AUSTRALIA: NewsWire Photos: JANUARY 31 2024: A view of the digital boards at the Australian Stock Exchange in the CBD in sydney. Picture: NCA NewsWire / Gaye Gerard

Business Breaking News

‘Positive signs’: ASX resets record high

Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.

MELBOURNE, AUSTRALIA - NewsWire Photos, SEPTEMBER 21, 2023. Victorian Premier, Daniel Andrews, holds a press conference in Box Hill where he talked on fast tracking homes and housing developments.Generic view of houses in Box Hill. Picture: NCA NewsWire / David Crosling

Aussie dream dying as new loans collapse

The dream of owning your own home has motivated millions to save over generations, but the latest data on new loans for first home buyers suggests many Aussies are giving up.

US Federal Reserve chair Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington, DC, on January 31, 2024. Powell signaled Wednesday that an interest rate cut as soon as in March is unlikely, as the central bank remains data-dependent when mulling its next steps. Powell said the Fed's rate-setting committee plans to

Business Breaking News

ASX dives as Fed dampens rate cut hopes

After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.

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SYDNEY, AUSTRALIA: NewsWire Photos: JANUARY 31 2024: A view of the digital boards at the Australian Stock Exchange in the CBD in sydney. Picture: NCA NewsWire / Gaye Gerard

Business Breaking News

ASX hits record high

The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.

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Australian Dollar

Close-up of used Australian one dollar coins photographed in Melbourne, Wednesday, June 13, 2012. Reserve Bank of Australia governor Glenn Stevens today said there are big benefits to Australians as consumers from the high Australian dollar (AUD). (AAP Image/Julian Smith) NO ARCHIVING

Dollar stabilises as mood improves

THE Australian dollar is slightly higher as global stock markets stabilise after last week’s heavy falls.

Australian Dollar

Pile of Australian dollar coins. $1. One dollar. Stack.

Dollar weakens as iron ore falls

THE Australian dollar is weaker as iron ore prices fall and financial market volatility continues.

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

Dollar boosted by weak US data

THE Australian dollar has bounced back above 88 US cents following the release of disappointing economic data in the US.

Australian Dollar

Australian money - coins, cash generic. Stacks of one dollar coins, with twenty dollar note behind.

Dollar dips as global fears resurge

THE Australian dollar has dipped lower after weak data out of the US, UK and Europe reignited concerns about global economic growth.

Australian Dollar

A pedestrian passes by currency prices on display at a bank on a street in Sydney on October 7, 2014. The Australian dollar hit a four-year-low of 86.43 US cents in New York last week as Australia's economy struggles to transition away from resources-led growth following an unprecedented boom in mining investment that is expected to fall-off sharply over the next year. AFP PHOTO/Peter PARKS

Dollar still overvalued, RBA says

THE Australian dollar is still higher than it should be despite its recent decline to a four-year low of 86.43 US cents, the central bank says.

Australian Dollar

Aussie one dollar coins, on a twenty dollar note.

Dollar strong on positive trade data

THE Australian dollar is higher after better-than-expected Chinese trade figures gave the currency a boost.

Australian Dollar

Close-up of used Australian one dollar coin photographerd in Melbourne, Wednesday, June 13, 2012. Reserve Bank of Australia governor Glenn Stevens today said there are big benefits to Australian's as consumers from the high Aiustralian dollar (AUD). (AAP Image/Julian Smith) NO ARCHIVING

Dollar drops amid risk-averse mood

THE Australian dollar has dropped below 87 US cents as global economic growth concerns weigh on risk appetite.

Australian Dollar

Pedestrians pass by currency prices on display at a bank on a street in Sydney on October 7, 2014. The Australian dollar hit a four-year-low of 86.43 US cents in New York last week as Australia's economy struggles to transition away from resources-led growth following an unprecedented boom in mining investment that is expected to fall-off sharply over the next year. AFP PHOTO/Peter PARKS

Australian dollar shoots higher

THE Australian dollar has hit a two-week high after the US Federal Reserve indicated that it is no rush to raise its interest rate.

Australian Dollar

Currency prices are seen on display at a bank on a street in Sydney on October 7, 2014. The Australian dollar hit a four-year-low of 86.43 US cents in New York last week as Australia's economy struggles to transition away from resources-led growth following an unprecedented boom in mining investment that is expected to fall-off sharply over the next year. AFP PHOTO/Peter PARKS

Australian dollar hits 88 US cents

THE Australian dollar has hit a two-week high, after the Reserve Bank signalled it would not change the cash rate in the foreseeable future.

Australian Dollar

Aussie one dollar coins, on a twenty dollar note.

Dollar higher ahead of RBA meeting

THE Australian is gradually regaining the losses made after the US unemployment rate hit a six-year low of 5.9 per cent.

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Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/120