Wednesday, 05 August 2015

Currencies

 
 
 
 
Recent News
  • Australian dollar slips back below 74 US cents

    10:48 | 5/8/15
    Sydney Morning Herald
    The Australian dollar has retreated overnight, with a push for a US rate hike from a Fed boss offsetting favourable comments from the Reserve Bank of Australia. more»
  • US Fed takes steam out of hot Australian dollar

    10:47 | 5/8/15
    The Australian Financial Review
    The Australian dollar soared to a two-week high overnight after the Reserve Bank of Australia implied it was more comfortable with the currency's level, but then retreated after a comment from a US Federal Reserve board member raised the odds of a ... more»
  • Australian dollar briefly edges above 74 US cents in overseas trade

    10:18 | 5/8/15
    ABC Online
    The Australian dollar surged back above 74 US cents overnight, as overseas currency traders speculated that the Reserve Bank has finished with cuts to the official interest rate. more»
  • IMF staff urges no rush to add China yuan to currency basket

    09:05 | 5/8/15
    Reuters
    Chinese Premier Li Keqiang in March asked Lagarde to push for inclusion, saying Beijing would speed up the convertibility of the yuan on the capital account and open domestic individual cross-border investment and foreign institutional investment in ... more»
  • IMF review recommends delaying currency basket adoption of yuan

    09:05 | 5/8/15
    Reuters
    WASHINGTON The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end the Chinese currency's chances of an ... more»
  • dollar rallies after RBA comments

    08:48 | 5/8/15
    NEWS.com.au
    ... but changed its language regarding the Aussie, suggesting it was closer to fair value. In response, the currency rose more than two per cent against the greenback overnight. more»
  • Dollar Rises Against Euro, Yen

    08:37 | 5/8/15
    Nasdaq
    The dollar rose against the euro and the yen Tuesday after Federal Reserve Bank of Atlanta President Dennis Lockhart raised market expectations for higher borrowing costs in the coming months. more»
  • NZ dollar drops after dairy prices decline

    08:37 | 5/8/15
    New Zealand Herald
    The New Zealand dollar dropped, hit by a double whammy as dairy prices declined further at the latest GlobalDairyTrade auction and after a report stoked speculation the Federal Reserve would hike interest rates next month. more»
  • Economists Forecast ‘Bumpy’ Week for New Zealand Dollar (NZD) Conversion ...

    08:03 | 5/8/15
    Exchange Rates UK
    The New Zealand Dollar gained on a number of its peers on Tuesday as the Reserve Bank of Australia (RBA) opted to leave interest rates on hold. more»
  • dollar rallies after RBA shift

    06:45 | 5/8/15
    The Australian
    The resource-driven Australian dollar was also aided in local trade by news the RBA had removed an easing bias from its policy statement, reducing the likelihood of further rate cuts this year. more»
  • MarketsBrazilian real lurches closer to R$3.50 mark

    06:45 | 5/8/15
    Financial Times
    The real's woes have been well documented here on fast and elsewhere on the FT. But to recap, Brazil is struggling to put its fiscal house in order, boost growth and stave off a possible credit rating downgrade to junk status amid the collapse in ... more»
  • Cardenas Says Peso Drop Doesn't Threaten Colombia Inflation Goal

    06:00 | 5/8/15
    Bloomberg
    The plunge in the Colombian peso doesn't pose a serious risk to the nation's inflation target and consumer price rises will slow as the economy cools, Finance Minister Mauricio Cardenas said. more»