Dollar eyes US75c level
The local unit was lower in late trade, as the market looked ahead to US employment figures.
The local unit was lower in late trade, as the market looked ahead to US employment figures.
The local unit has fallen below US75.5 cents, but is still seen as overvalued, say analysts.
Traders are focusing squarely on an upcoming speech by Federal Reserve chair Janet Yellen.
The local unit has softened but remained above US76c, as the market looks ahead to Jackson Hole.
The global economy is ready to absorb a rise in US interest rates, Glenn Stevens says.
The local unit has strengthened as traders digested RBA minutes and Federal Reserve talk.
The search for yield is continuing to support the Aussie, despite the block of China’s Ausgrid bid.
The local unit has continued to surge following Glenn Stevens’ speech, amid a stronger iron ore price.
Investors are awaiting the results of the European Central Bank’s policy meeting tonight.
The local unit has traded in a narrow range, as investors seek direction.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/27