ASX snaps five-day losing streak
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
After a negative lead from Wall Street, the share market extended its losses on Wednesday with energy stocks weighing on the benchmark.
With all sectors posting declines, the local benchmark slumped to its lowest level in four weeks on Tuesday.
THE Australian dollar hit a fresh seven-month low after the release of stronger US economic growth figures.
THE Australian dollar has hit a fresh eight-month low after the New Zealand central bank talked down its own currency.
THE Australian dollar is trading in a narrow range, having recovered some of its losses from earlier in the week.
GEOPOLITICAL concerns have weighed on the Australian dollar following US-led strikes in Syria.
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.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/121