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>> AUSTRALIAN DOLLAR Latest News

JUL 25, 2015 - Zero Hedge

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Dollar Correction may not Be Complete, but Fed Expectations to Limit the Pullback

The overextended technical condition of the dollar we highlighted previously was expressed in a mixed performance last week.  Against the top ten currencies, that dollar fell against five.  The drop in oil prices and other commodity prices encouraged rate cut expectations in Australia and Canada, sending those currencies to new multi-year lows.     The New Zealand dollar reacted positively ...

Tags: Dollar Correction may not Be Complete, but Fed Expectations to Limit the Pullback,  Australian Dollar Latest News

JUL 24, 2015 - Zero Hedge

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Aussie Dollar Tests Long-Term Trendline As China Contagion Spreads

Last week, we asked "Is Australia the next Greece?" It appears, judging bu the collapse in the Aussie Dollar, that some - if not all - are starting to believe it's possible after last night's 15-month low in China Manufacturing PMI. As UBS previously noted, China's real GDP growth cycles have become an increasingly important driver of Australia's nominal GDP ...

Tags: Aussie Dollar Tests Long-Term Trendline As China Contagion Spreads,  Australian Dollar Latest News

JUL 24, 2015 - Zero Hedge

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The Death of Gold... Or Not!

Submitted by Jordan Eliseo via ABC Bullion, Precious metal investors suffered yet another rude shock early this week, with the price of gold plunging below USD $1100oz, with a nearly USD $50oz sell off occurring in a matter of minutes in early Asian trading on Monday the 20th July. In total, some 5 tonnes of gold was dumped on the ...

Tags: The Death of Gold... Or Not!,  Australian Dollar Latest News

JUL 24, 2015 - Business Insider

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China factories falter, commodities take the hit

By Wayne ColeSYDNEY (Reuters) - Activity in China's factory sector seemingly contracted at the fastest pace in 15 months in July, a preliminary private survey showed on Friday in a blow undercutting recent signs of stabilization in the struggling economy.The news came as Beijing announced it would allow its yuan currency to fluctuate more widely within its trading band as ...

Tags: China factories falter, commodities take the hit,  Australian Dollar Latest News

JUL 22, 2015 - Business Insider

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Asia slips after tech stocks weigh on Wall Street, dollar rebounds

By Shinichi SaoshiroTOKYO (Reuters) - Asian shares slipped early on Thursday after disappointing earnings from tech giants weighed on Wall Street, while the dollar rebounded on the back of upbeat U.S. economic data.MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent.Tokyo's Nikkei rose 0.4 percent on a weaker yen, while Australian shares were flat 0.2 percent.The Dow shed ...

Tags: Asia slips after tech stocks weigh on Wall Street, dollar rebounds,  Australian Dollar Latest News