Insights 15/12/2010 – Thomas Averill

$A marginally up as traders take profit Share Links: email print -font +font © © The © Australian dollar was slightly © © The higher 94.655 higher at midday, the... » Read more 15/12/2010 – Thomas Averill

$A ends lower, pushed down by $US The Australian dollar ended slightly weaker after flirting with parity against the US dollar overnight. At 1700 AEDT, the local unit was trading... » Read more

US Yields spike after dovish FOMC Statement and strong Retail Sales data

As widely expected, the FOMC left interest rates on hold at <0.25% and continued its quantitative easing program buying $US75 billion worth of longer term Treasury securities per month... » Read more

Sydney Morning Herald 14/12/2010 – Thomas Averill

Dollar hits parity on greenback weakness The Australian dollar ended higher, closing in on parity again with the US dollar, after gaining one US cent overnight due mainly to... » Read more

Bloomberg 10/12/2010 – Derek Mumford

Aussie, N.Z. Dollars Show Weekly Drop Before China Price Data Dec. 10 (Bloomberg) -- The Australian and New Zealand dollars posted weekly declines on concern Chinese inflation data tomorrow... » Read more

Aussie jobs growth bounces back in November

The Australian Bureau of Statistics released the Employment report for November at 11.30am AEDT today. The unemployment rate declined to 5.2% as expected. Net employment rose by 54,600, well ahead of... » Read more

RBA leaves rates on hold as expected, gives balanced outlook

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: -          Policy appropriate for the time being. -          Lending... » Read more

Sydney Morning Herald 1/12/2010 – Derek Mumford

Dollar plumbs 11-week lows The Australian dollar hit an 11-week low today after disappointing third-quarter growth data led investors to sell more of the currency that was already... » Read more

China PMI surprises to the upside

Chinese November PMI was released at 12.00pm AEDT today. The official number for November was 55.2, better than market expectations of 54.7 and October’s reading of 54.7. Initial AUD reaction: 0.9575... » Read more

Aussie Q3 GDP weaker than expected

The Australian Bureau of Statistics released third quarter GDP at 11.30am AEDT today. GDP for Q3 rose by 0.2%, well below market expectations of 0.5%. The annualised figure came out at... » Read more