Aussie boosted by business data
The Australian dollar got a lift today from news that business confidence and overall conditions jumped in June.
The Australian dollar got a lift today from news that business confidence and overall conditions jumped in June.
The Australian dollar was spared further losses today as China share prices rose while the iron ore price also recovered some lost ground.
The Aussie dollar rose sharply today amid a recovery in Chinese share prices and stronger-than-expected employment data for June.
The Australian nudged back towards US75c today after the RBA passed up an opportunity to strengthen expectations of a future rate cut.
The Aussie dollar is sharply lower today on news of weaker-than-expected retail sales, which has kept the door open for a rate cut.
The dollar continued to nudge higher today, having stood firm in the face of Greek debt woes and despite efforts to send it lower.
The dollar was buffeted today by warnings the economy would grow at a slower pace unless aggressive reforms were undertaken.
The Australian was lower today in local trading against a US dollar that was stronger against all G-10 currencies.
The Australian dollar was little changed today as traders awaited news on negotiations over Greek debt and that country’s future.
The RBA is willing to lower interest rates further if necessary with broad agreement that policy should be “accommodative”.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/32