Dollar ticks up despite unknowns
The local unit overcame jitters over electoral uncertaintly and sovereign rating cautions.
The local unit overcame jitters over electoral uncertaintly and sovereign rating cautions.
The Aussie’s pullback comes amid US dollar support and end-of-year positioning.
The Aussie has remained above US74c in late trade, despite global and local unknowns.
The Aussie swung through a wide arc before recovering amid reassuring words from Japan.
Australia’s central bank has indicated it will remain cautious for now, saying steady rates are appropriate for now.
The local unit has remained well supported in afternoon trade, edging closer towards US75c.
The local unit has rebounded sharply amid a recovery in oil prices and stronger risk appetite.
The Aussie has lifted closer to US74c as traders await the RBA’s minutes and UK referendum.
The local unit has remained strongly supported by the weaker greenback, as Chinese iron ore imports edged up.
The local unit has seen collateral damage from jitters over Japanese economic weakness.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/28