Articles By Christine Gaylican
Bell FX Currency Outlook The Australian Dollar has fallen modestly after the US jobs data on Friday night was better than expected.
Bell FX Currency Outlook: The Australian dollar has resumed its softer tone this morning after a quick move up yesterday afternoon.
The Dow Jones Industrial Average gained 108 points, or 0.8%, to 13893 in afternoon trading, reclaiming about half of Monday's 216-point tumble, which was triggered by Italian election results that ushered in political uncertainty.
Bell FX Currency Outlook The Australian Dollar continued its weak tone overnight as no clear result occurred in the Italian election and Fed President Bernanke testified before a US Senate committee.
Bell FX Currency Outlook: Australian Dollar dips in morning trade on Italian political instability.
Blue-chip stocks headed toward their third decline in four sessions as Italian election exit polls raised fears the country might abandon austerity measures. The Dow Jones Industrial Average lost 64 points, or 0.5%, to 13937 in midafternoon trading Monday.
Bell FX Currency Outlook: The Australian Dollar opened this morning above 1.0300 but has since fallen to similar levels seen at the end of last week.
Stocks continued to sink midday, after reports of manufacturing pullbacks in the U.S. and Europe piled on top of investor concerns over the possibility of an earlier-than-expected end to the Federal Reserve's stimulus programs.
Bell FX Currency Outlook:The Australian Dollar hit a 4-month low in early morning trade due to a number of issues which has dampened recent market confidence, but did find support at this key level.
Stocks held shallow losses after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about its recent stimulus efforts