News for Australian Dollar - Google Finance

Australian dollar's decline is structural, says Credit Suisse

Thu, 23 May 2013 02:15:43 GMT

Australian dollar's decline is structural, says Credit Suisse
The Australian - 7 hours ago

INVESTMENT banks have continued to go cold on the Australian dollar, with Credit Suisse's global strategists telling clients the Aussie could fall to US85c in 12 months because "this time it's structural".

Australian Dollar Extends Fall As Fed Mulls Winding Down Stimulus

Thu, 23 May 2013 06:05:32 GMT

Australian Dollar Extends Fall As Fed Mulls Winding Down Stimulus
Wall Street Journal - 3 hours ago

SYDNEY—The Australian dollar's hefty monthlong decline continued Thursday after U.S. Federal Reserve Chairman Ben Bernanke hinted the central bank might start winding back economic stimulus in the coming months.

Aussie dollar still falling - The West Australian
Bernanke comments hit US stocks, Australian dollar - ABC Online

Myer boss fan of falling Aussie dollar

Wed, 22 May 2013 05:38:06 GMT

Myer boss fan of falling Aussie dollar
NEWS.com.au - May 22, 2013

The Myer boss said a lower Australian dollar would deter consumers from buying on foreign websites and travelling overseas, while also attracting more tourists to our shores.

Myer lifts sales, but worst 'still not over' - The Australian
A dollar dampener on Myer's sparks? - Business Spectator

Australian dollar lower in late trade

Wed, 22 May 2013 07:34:48 GMT

Australian dollar lower in late trade
Business Spectator - May 22, 2013

At 1700 AEST on Wednesday, the currency was trading at 97.82 US cents, down from 98.17 cents on Tuesday. The Australian dollar fell following the release of the Westpac/Melbourne Institute May consumer sentiment survey, which showed pessimists ...

Vital Signs Chart: Weaker Australian Dollar - Wall Street Journal (blog)

Australian dollar tumbles on Ford, Chinese PMI

Thu, 23 May 2013 02:13:48 GMT

Australian dollar tumbles on Ford, Chinese PMI
Business Spectator - 7 hours ago

Australian dollar tumbles on Ford, Chinese PMI. 6 hours ago. Markets · Currency · Australian Dollar. Local currency drops to fresh 1-year low on Ford closures, weak data.

Australian Dollar Outlook - 23 May 2013 - International Business Times AU

High dollar claims another scalp

Thu, 23 May 2013 07:34:56 GMT

High dollar claims another scalp
The West Australian - 2 hours ago

High dollar claims another scalp. Colin Brinsden, AAP Economics Correspondent, AAP May 23, 2013, 3:19 pm. The persistent strength of the Australian dollar is one factor behind the demise of another Aussie icon - Ford Australia. The car maker announced ...

AMP Capital Revises End-2013 Australian Dollar Forecast to US$0.95 from US ... - Wall Street Journal
Ford closure shows stupidity of subsidies for failing industries - The Australian

Come On, Give the Aussie Dollar a Break: Pros

Tue, 21 May 2013 06:32:56 GMT

Come On, Give the Aussie Dollar a Break: Pros
CNBC.com - May 21, 2013

Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.

Economist still bullish on mining, dollar - The West Australian
MARKETS SPECTATOR: Early 90s flashback - Business Spectator

Australian dollar slid to June 2012 low as Bernanke mulls stimulus end

Wed, 22 May 2013 21:36:10 GMT

Australian dollar slid to June 2012 low as Bernanke mulls stimulus end
The Australian - 12 hours ago

THE Australian dollar dropped to a one-year low after the head of the US Federal Reserve said he would consider winding down its economic stimulus program in the coming months.

Australian Dollar Meanders Ahead of Bernanke Speech

Mon, 20 May 2013 16:05:48 GMT

Australian Dollar Meanders Ahead of Bernanke Speech
Wall Street Journal - May 20, 2013

Economists aren't convinced current weakness in the Australian dollar will continue, according to a survey of 15 banks by The Wall Street Journal on Monday.

Is the Australian Dollar the Canary in the Coal Mine for the S&P 500?

Tue, 21 May 2013 16:18:05 GMT

Is the Australian Dollar the Canary in the Coal Mine for the S&P 500?
DailyFX - May 21, 2013

Strong bull markets in stocks have historically coincided with Australian Dollar strength, and indeed the 2009 lows in the S&P occurred almost exactly as the AUDUSD established a lasting bottom.