By Kathleen Brooks | Jun 04
Slow growth is expected to continue in the near term as the economy adjusts to lower levels of mining investments, says Glenn Stevens, Governor of the Reserve Bank of Australia (RBA), in his statement on monetary policy decision issued on Tuesday.
By Sunny Peter | Sep 04 | IBTimes AU
Reports of a strong manufacturing sector emanating from China lifted market spirits and held out some hope for the Australian and New Zealand currency on Monday. Along with the upbeat news from China was U.S. President Barack Obama's decision to seek congressional approval for possible action against Syria.
By Sunny Peter | Sep 03 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has opened weaker this morning after a volatile night of trading pulled it in different directions overnight.
By Christine Gaylican | Aug 27 | IBTimes AU
Bell FX Currency Outlook: The Australian dollar holds ground despite International Monetary Fund's China forecast.
By Christine Gaylican | Jul 10 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has fallen below USD 0.9200 overnight in an extremely volatile session which was essentially the sequel to Wednesday night's reaction to the FOMC meeting which prepared financial markets for the scaling back of quantitative easing.
By Christine Gaylican | Jun 21 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar is slightly stronger this morning, hitting a one-week high of USD 0.9564, following the release of strong local consumer sentiment figures.
By Christine Gaylican | Jun 13 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar remains steady above USD 0.9600 once again after a relatively quiet session overnight.
By Christine Gaylican | May 31 | IBTimes AU