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Bell FX Currency Outlook: The Australian Dollar has recovered back above USD0.9800 overnight as markets took a breather from recent rallies.
Stocks capped off another strong week with a broad rally, as a bigger-than-expected rise in consumer sentiment bolstered the view of an economy that is faring better than some had feared.
Bell FX Currency Outlook The Australian Dollar's recent fall has stabilised with the local currency opening trade this morning in the mid 0.9700's.
Bell FX Currency Outlook The Australian Dollar has fallen to a fresh 11-month low amid continuing optimism about the US economy and negativity about the Australian economy, before rebounding slightly.
Bell FX Currency Outlook: The AUD traded in a fairly tight range overnight as the USD continued to maintain its recent strength against the major currencies.
Bell FX Currency Outlook: Most of the detail for the Federal Budget and policy changes were well known prior to last night therefore markets were fairly subdued.
Bell FX Currency Outlook: The Australian Dollar has opened below parity this morning following some renewed strength in the USD overnight.
Bell FX Currency Outlook: The Australian Dollar traded below parity on Friday night for the first time since June, 2012 as the USD moves upward against most major currencies.
Bell FX Currency Outlook: The Australian Dollar has tumbled almost two US cents to its lowest level in more than 11 months and could well find itself below parity in the next 24 hours.
Bell FX Currency Outlook: The Australian Dollar remains below USD 1.0200 this morning as central banks around the world are reacting to the enormous levels of cash pumping through their economies.
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