Jan. 24 2011 | Callum Henderson, global head of FX research at Standard Chartered, forecasts the Australian dollar will fall to $0.88 by the end of the year due to moderating growth and a change in the RBA's policy direction. He speaks to CNBC's Bernard Lo and Oriel Morrison.
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Showing posts with label Aussie Dollar. Show all posts
Showing posts with label Aussie Dollar. Show all posts
Tuesday, January 25, 2011
Tuesday, January 11, 2011
Good Time to Buy the Aussie?
Jan. 11 2011 | A combination of risk aversion and worsening floods will put further pressure on the Aussie, says Mitul Kotecha, head of global FX strategy at Credit Agricole CIB. He tells CNBC's Chloe Cho, Rebecca Meehan and Yousef Gamal El-Din that investors should consider buying into the currency when it falls to $0.96-$0.97.
Labels:
Aussie Dollar
Wednesday, August 25, 2010
Trading the Aussie Dollar
Aug. 23 2010 | There never was an 'election trade' in the Aussie dollar, says Peter Whitley, senior FX analyst at Thomson Reuters. He offers his take on where the commodity currency is headed, with CNBC's Oriel Morrison.
Labels:
Aussie Dollar
Wednesday, March 10, 2010
Strong Chinese Exports Cause Aussie Dollar to Soar
Yesterday’s price action in the currencies versus the dollar was a drag, man… We did, however, see the higher yielding currencies begin to move away from the pack of currencies led by the euro (EUR). That move higher by the likes of Australia (AUD), Brazil (BRL), South Africa (ZAR), and others, carried over through the overnight sessions, so, as we start today, they are stronger versus the dollar… In fact, the Aussie dollar is near a 7-week high this morning.
Another thing helping to boost the Aussie this morning was the news overnight that China reported that exports had increased the most in three years, last month… For those of you keeping score at home… That’s a 46% increase in exports during February for China! Now… I can hear some of the new readers saying, what in the world do China’s exports have to do with the Aussie dollar rising? Ahhh grasshopper, come sit…
You see, Australia is a raw materials (commodities) rich country, which supplies China with all the raw materials they need to build their infrastructure. When China slowed down, it caused a chain reaction to Australia… But… As we’ve seen in the past nine months, China was the first to come out of the economic slowdown, and this report confirms that they are hitting on all 8 cylinders right now… So, as the old saying goes… What’s good for the goose is good for the gander… And what’s good for China is good for Australia!
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Labels:
Aussie Dollar,
Yuan vs Dollar
Friday, November 13, 2009
Will Aussie Dollar Hit Parity by Year-End?
Debating whether the Aussie dollar can reach parity by year-end, with Stephen Roberts, chief economist at Nomura and Jonathan Cavenagh, currency strategist at Westpac, speaking with CNBC\'s Karen Tso.
Tags: Australian Dollar Currencies China Depletion Devaluation Dollar Federal Inflation Oil Paul Reserve Ron Ben Bernanke FED Gold Jim Money Rogers Depression Economist Estate Housing Hyperinflation Meltdown Mortgage Real Subprime Builders Euro Home Investing Market Soros Stock Yen Yuan Bills Bonds Commodities Dollar Economy Federal Market Notes Reserve Stock Yuan
Tags: Australian Dollar Currencies China Depletion Devaluation Dollar Federal Inflation Oil Paul Reserve Ron Ben Bernanke FED Gold Jim Money Rogers Depression Economist Estate Housing Hyperinflation Meltdown Mortgage Real Subprime Builders Euro Home Investing Market Soros Stock Yen Yuan Bills Bonds Commodities Dollar Economy Federal Market Notes Reserve Stock Yuan
Labels:
Aussie Dollar
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