Articles By Christine Gaylican
Bell FX Currency Outlook: The Australian Dollar has recovered slightly, after hitting a low of USD0.8660 over the long weekend.
Bell FX Currency Outlook: The Australian Dollar remains above USD 0.8800 after inflation figures came in stronger than expected, making another cash rate cut highly unlikely.
In response to East Timor’s urging on the International Court of Justice to force Australia to return seized documents regarding the two countries’ controversial oil treaty, Australian authorities defends their position and rejects to give in to the demands.
In an aggressive move to regain its position in the oil treaty dispute, East Timor asked the International Court of Justice Monday for Australia to return data and documents it confiscated from the former’s lawyer in December.
Andrew Grant steps down as CEO of CO2 Group Ltd, the largest carbon developer in Australia, as government draws on a new policy to adjust to climate change, thereby forcing the company to consider investing into new business areas.
Bell FX Currency Outlook: The Australian Dollar traded at a new 3½ year low on Friday as the market digested the weak local employment data from Thursday.
Bell FX Currency Outlook: The Australian Dollar is slightly weaker this morning after a continuation of yesterday's moves in markets overnight.
Bell FX Currency Outlook: The US budget committee has agreed on a spending plan through until September 30th, which alleviates concerns about the US fiscal situation,
further supporting the USD.
Bell FX Currency Outlook: Overnight the Australian Dollar has held onto recent gains above USD0.9000 in quiet trade.
Bell FX Currency Outlook: The Australian Dollar traded to .9000 on Friday night as the US non-farm payroll data fell well short of expectations.