Markets

Dollar drops on early Greek results

The controversial referendum that may trigger the country’s exit from the eurozone. Source: Getty Images THE Australian dollar is lower after early results of Greece’s bailout referendum pointed to a rejection of fresh austerity demands from international creditors. At 0630 AEST on Monday, the local unit was trading at 74.58 …

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Markets

Dollar weaker amid Greek concerns

The Aussie rose against a weaker greenback in overnight trade. Source: Getty Images THE Australian dollar is weaker as the global focus remains on Europe after Greece’s creditors overnight raised hopes for a vital bailout agreement. At 0630 AEST on Tuesday, the local currency was trading at 77.27 US cents, …

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Markets

Dollar higher after US Fed meeting

The Aussie fell early before rebounding on US dollar weakness. Source: Supplied THE Australian dollar is higher after the greenback fell following the US Federal Reserve’s latest meeting disappointed currency traders. At 0630 AEST on Thursday, the local unit was trading at 77.49 US cents, up from 77.15 cents on …

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Markets

Dollar higher on US dollar weakness

US sharemarkets rose on Thursday. Traders were encouraged that the Federal Reserve suggested a slower trajectory of rate hikes over the next year. Economic data was stronger than expected. The US dollar slipped overnight in the wake of downgraded interest rate projections. Source: Getty Images THE Australian dollar has hit …

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Markets

Dollar falls after overnight data

Thursday’s sharp fall possibly marks the start of a correction. Source: Supplied THE Australian dollar is lower after it continued to slide overnight following the release of weak local economic data on Thursday. At 0630 AEST on Friday, the local unit was trading at 76.84 US cents, down from 76.20 …

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Markets

Dollar higher after rate hold

Interest rates are expected to remain on hold for several months. Source: Getty Images THE Australian dollar is higher after the Reserve Bank kept the cash rate unchanged at its board meeting on Tuesday. At 0630 AEST on Wednesday, the local unit was trading at 77.75 US cents, up from …

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Markets

Dollar falls from post GDP high

Australian money background. Soft focus, shallow DOF, with lots of copy space. Source: Getty Images THE Australian dollar has lost a little ground in overnight trade, backing away from the high reached on Wednesday on the back of strong economic growth figures. At 0630 AEST on Thursday, the local unit …

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