News for Australian Dollar - Google Finance

Hedge funds bet on Aussie dollar slide

Fri, 24 May 2013 16:17:08 GMT

Hedge funds bet on Aussie dollar slide
Reuters - 22 hours ago

LONDON May 24 (Reuters) - Hedge funds hungry for trade ideas after the success of their bets on Japan's recovery have been turning their attention to the Australian dollar, betting the end of the commodities boom will drive down the currency. Funds ...

Buckle up - dollar exits safe haven - Sydney Morning Herald
Australian dollar under pressure as Goldman encourages Aussie shorts - The Australian

Lock in Aussie dollar exchange rate before you travel, says expert

Sat, 25 May 2013 12:10:16 GMT

Lock in Aussie dollar exchange rate before you travel, says expert
NEWS.com.au (blog) - 2 hours ago

TRAVELLERS should consider locking in exchange rates before they head overseas as the Australian dollar hit its lowest point in close to a year this week.

Aussie Dollar Is Villain as Ford Ends Mad-Max Land Output

Thu, 23 May 2013 22:01:29 GMT

Aussie Dollar Is Villain as Ford Ends Mad-Max Land Output
Bloomberg - May 23, 2013

The villain has been Australia's dollar: Up 77 percent versus the yen since October 2008, it has helped send Japanese car imports to a record and sales of domestically made vehicles down 18 percent in four years.

Ford to close plants as Australian dollar hits sales - South China Morning Post
RIP Ford, the first domino to fall - BusinessDay.com.au

Australian Dollar May Have Scope to Rise Amid Profit-Taking

Sat, 25 May 2013 02:55:41 GMT

Australian Dollar May Have Scope to Rise Amid Profit-Taking
DailyFX - 11 hours ago

The Australian Dollar continued to slide last week - yielding the worst performance among the major currencies against its US namesake - as shifting monetary policy expectations undermined demand for the high-yielder.

Australian dollar tumbles on Ford, Chinese PMI

Thu, 23 May 2013 02:13:48 GMT

Australian dollar tumbles on Ford, Chinese PMI
Business Spectator - May 23, 2013

Australian dollar tumbles on Ford, Chinese PMI. 23 May, 12:03 PM. Markets · Currency · Australian Dollar. Local currency drops to fresh 1-year low on Ford closures, weak data. You must be logged in to read this article. Not a member yet? Register today ...

Australia Got Clobbered This Week

Fri, 24 May 2013 09:34:47 GMT

Australia Got Clobbered This Week
Business Insider - May 24, 2013

These two closely-related stories have conspired to slam the Australian dollar, which is levered to both commodities and China.

Australian dollar hits 1-year low

Wed, 22 May 2013 20:54:59 GMT

Australian dollar hits 1-year low
Business Spectator - May 22, 2013

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

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 - May 23, 2013

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.

ASX sheds almost $30b, Japan slumps 7pc - ABC Online

Aussie dollar still falling

Thu, 23 May 2013 02:38:47 GMT

Aussie dollar still falling
The West Australian - May 23, 2013

The currency today plumbed one-year lows, heading past 96.50 US cent after being above parity for most of the past year. By 2.50pm, the Aussie had regained some ground to be trading about 96.13 US cents. As the US economic recovery gets a bit stronger, ...

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 - May 23, 2013

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".