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THE already overvalued Australian dollar will reach parity with the US dollar in the next six to 12 months and peak at about $US1.02-03, a currency strategist says. State Street Global Advisers head of currency management Collin Crownover says the unit...
Tags: Australia, Sydney, Numismatics, United States dollar, Dollar, Business Finance
Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery. New York's main contract, light sweet crude for December delivery, dropped 74 cents to end the week at 76.72 dollars after slumping by more...
Tags: New York, Treasury, treasury yields, New York City, Short, Stock market, United States dollar, Canadian dollar, Euro, Business Finance, OPEC, energy crisis, world oil market chronology, Petroleum, Commodities market, Price of petroleum, Australian dollar, Foreign exchange market, World currency, Reserve currency, Currency, United States Treasury security, Swiss franc, Japanese yen, International trade, Deflation, Inflation, Thai baht, Dollar, Currency signs, Pound sterling, Recessions, Market trends
The Indian rupee recovered smartly by 15 paisa to 46.53/54 against the greenback in early trade today on exporters dollar sales amid subdued local stocks. The domestic currency resumed weaker at 46.74/75 a dollar against its last close of 46.68/69 a dollar...
Tags: India, Sensex, Mumbai, BSE Sensex, Indian rupee, Rupee, Foreign exchange market, Paisa, Currency signs, Currency, Economy of Pakistan, Business Finance, Five-year plans of India, Indian National Congress, Manmohan Singh, Prime minister, Investment management, Index, Bombay Stock Exchange, Investment, Reliance Industries, Gold coin, Euro, Cent, Dollar, Gold, Coins of the United States, Numismatics, United States dollar, Derivatives, Futures contract
US0.9268/72, down a touch from yesterday's close of $US0.9290/95...CMC Markets market analyst David Taylor said the unit had been wedged into a tight trading range today because there was little local economic data to give investors direction. "I'm not...
Tags: NZPA, nz dollar, commodity prices, dollar eases, Australia, Sydney, United States dollar, Dollar, Cent, Numismatics, Australian dollar, Recessions, Business Finance, Euro, Kiwi, Currency, New Zealand dollar
Gold rallied to yet another record high Wednesday, eclipsing $1,150 an ounce, as weakness in the dollar enhanced the investment appeal of the precious metal. Gold for December delivery earlier hit an intraday high of $1,153.40 an ounce on the Comex division...
Tags: U.S, France, Boé, Pound sterling, Dollar, Futures contract, Ounce, Numismatics, Derivatives, United States dollar, Business Finance
Government bond yields were near two-week lows on Wednesday, helped by a drop in US Treasury yields overnight but dealers said trading would be in a narrow range ahead of debt supplies this week. At 9:22 a.m. (0352 GMT), the yield on the 10-year benchmark...
Tags: NZPA, ANZ, bonds yields, BNZ Capital, nz dollar, week lows, government bonds, quiet trade, benchmark bonds, TrustPower Ltd, India, Mumbai, Bond, United States dollar, Business Finance, Tauranga, TrustPower, Bonds, Dollar, Australian dollar, Euro, Currency, New Zealand dollar, Federal Reserve System, Rupee, Ben Bernanke, United States Treasury security, Kiwi, Numismatics, Dollar coin, Short, Foreign exchange market, BSE Sensex
Providing the market with support have been various factors like strong demand for gold through such investments as exchange traded funds which in turn are being supported by a growing number of financial planners. Another factor has been recent financial...
Tags: gold futures, dollar rebounds, Germany, Frankfurt, United States dollar, Futures contract, Dollar, Derivatives, Foreign exchange market, Currency, Business Finance, Gold as an investment, Security, Monetary policy, Gold, Investment, Inflation, Exchange-traded funds
You know things are pretty bad when the Chinese are saying, "you're making us look bad." Here's the deal: More like what's the deal with China -- China -- condemning us for financial chicanery? The country that has, for years, tightly controlled its currency...
Tags: China Banking Regulatory Commission, New York, Dollar, Business Finance, Currency, Dollar coin, Barack Obama
Victoria's irrigation districts are under a cloud after the Federal Government ordered an environmental review into works on one of the state's biggest water projects. The federal Environment Department fears the impact the ''food-bowl modernisation project''...
Tags: Victoria, United Kingdom, Dollar, Land management, Water, Agricultural soil science, Agronomy, Irrigation, Environment
The Indian rupee rode a rising sharemarket and a weakening dollar to reach its highest in nearly a month on Monday, but then unwound most of the gains on a sudden surge in demand for the US unit from importers. The partially convertible rupee ended at...
Tags: ANZ National Bank, NZPA, nz dollar, China, risk appetit, U.S, Bank of New Zealand, India, Mumbai, Macroeconomics, Cent, Economy of India, Economic history of India, Indian rupee, Business Finance, United States dollar, Short, Stock market crashes, Economic history of the People's Republic of China, Dollar, Business New Zealand, Currency, New Zealand dollar, Rupee, Australian dollar, Reserve Bank of Australia, Chinese yuan, Central bank, Euro, Fixed exchange rate, Abercrombie & Fitch, fashion