AAP The Australian dollar closed higher on Tuesday as risk appetite improved
and traders continued to speculate about further interest rate rises in
Australia and funding assistance for Greece. At 1700 AEDT, the Australian
dollar was trading at $US0.8686/91, up 0.25 per cent from
* Kiwi NZD=D4 around $0.6850 compared to $0.6872/80 in late local trade on
Monday, and a five-month low of $0.6807 struck in Friday's offshore trade. *
Kiwi shuffles lower as Wall St turns negative in late trade, as concerns about
the impact of the euro zone 's debt concerns on the banking
Just as markets fret and worry about the health of the global economy , and
especially countries like Greece, Italy, Spain, the UK and Japan, along
comes an optimistic report on the state of the world from a premier
international talk shop Friday saw more volatility in markets and
Fundamental Forecast for New Zealand Dollar: Bearish - The
unexpected jump in the jobless rate to a 10-year high could postpone the RBNZ’s
efforts to raise rates - How much resistance will a
meaningful NZDUSD bear trend encounter? Like most other currencies in
Growing fears over the state of European budgets have sent global share markets
sliding, with the Dow posting its biggest fall in points since April. Concerns
that Greece will struggle to pay its budget deficit without a bailout have now
spread to Spain and Portugal. The fears
Concerns that Greece will struggle to pay its budget deficit without a bailout
have now spread to Spain and Portugal. The fears were sparked when the
Portuguese government did not sell all the treasury bonds it had on offer at an
auction. The Spanish and Portuguese share markets each lost 5
February 5, 2010 Brookes yesterday announced a first-half sales result that was
about as good as could have been hoped, given softness in the pre-Christmas
trading period, underlined by news that seasonally adjusted retail sales fell
by 0.7 per cent nationwide in December, the first
THE job continues to be in front of Myer, its boss, Bernie Brookes, and Myer
shareholders, including those who paid $4.10 a share in the refloat of the
retailer at the end of October as opposed to yesterday's closing price of
$3.25. Brookes announced yesterday a first-half sales result
Commodities – Energy Oil Prices Meet Resistance, Risk Trends Remain Top
Catalyst Crude Oil (WTI)
$76.66
-$0.32 -0.42% Prices are stalling ahead of
resistance at $77.54, with a turn lower seeing initial support at $75.42 while
a push
The Australian dollar opened lower after a quiet overnight session and
profit-taking. At 7am, the Australian dollar was trading at 88.27 US cents,
down 0.49 per cent from yesterday's close of 88.71 US cents. From 7am, the
local unit had traded between 88.15 and 89.05 US cents. It was
AAP The Australian dollar closed higher on Tuesday as risk appetite improved
and traders continued to speculate about further interest rate rises in
Australia and funding assistance for Greece. At 1700 AEDT, the Australian
dollar was trading at $US0.8686/91, up 0.25 per cent from
