Unexpectedly strong non-farm payroll data boosted the dollar, despite the cold winter across much of the United States.» Read More
David Walker, Head of Equities Research at Stocks In Value, says Rio Tinto could reward investors with a stronger-than-expected dividend.
Chua Sock Koong, CEO at Southeast Asia's largest telecommunications operator Singtel, attributes the firm's 7.3 percent decline in operating profit to the strong Australian dollar.
SYDNEY/ TOKYO, Feb 13- The Australian dollar fell sharply on Thursday after an unexpectedly weak employment report revived speculation that a rate cut may yet be put back on the table. The euro meanwhile continued to nurse losses after suffering a setback on dovish comments from a top European Central Bank official.
SYDNEY/ WELLINGTON, Feb 13- The Australian dollar tumbled around one percent across the board on Thursday after data showed the jobless rate at its highest in a decade, reviving speculation that interest rates may be cut again in coming months. The Aussie skidded as far as $0.8929, having touched a one-month high of $0.9068 on Wednesday.
SYDNEY, Feb 13- The Australian dollar dived more than one percent on Thursday after a weak jobs report revived speculation that interest rates may be cut again in coming months. The Aussie skidded as far as $0.8929, having touched a one-month high of $0.9068 on Wednesday. 1/ 8 ID:. The Aussie was also nursing heavy losses against the euro, yen and sterling.
CNBC's Matthew Taylor reports that Australian employment dropped 3,700 last month. Sean Darby, Chief Global Equity Strategist at Jefferies, weighs in on what that means for the central bank.
Kiran Kowshik, currency strategist at BNP Paribas, expects the U.S. dollar to trade higher on the back of Yellen's comments and says the aussie and kiwi should climb higher.
SYDNEY/ SINGAPORE, Feb 12- The Australian dollar hit a one-month high as upbeat Chinese trade data eased concern about China's economy, while the U.S. dollar held above a two-week low after Federal Reserve chief Janet Yellen offered no surprises in her first congressional testimony.
Chris Roberts, CEO of medical device maker Cochlear, says the firm's 73 percent decline in first-half profit doesn't reflect improving sales momentum.
The dollar was steady ahead of Janet Yellen's testimony in Congress, while Norway's crown jetted almost 1 percent higher.
Harry Dent, Editor of Survive & Prosper and Michael Blythe, Chief Economist at Commonwealth Bank of Australia discuss whether the RBA has caused Australia's property market to overheat.
The dollar see-sawed after a weaker-than-expected U.S. jobs report on Friday.
Global currency markets trod water ahead of interest rate decisions in Britain and the euro zone on Thursday.
*Focus on ECB policy review later on Thursday. SYDNEY/ SINGAPORE, Feb 6- The euro held steady on Thursday ahead of the European Central Bank's policy review, while the Australian dollar rose as strong data reinforced the view that Australia's central bank was done cutting interest rates.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays, says the RBA's shift to a neutral policy stance and recent strong data should strengthen the Aussie dollar.
The yen gained on Wednesday, as struggles in stock markets and the emerging markets forced investors to seek safe-haven currencies.
SYDNEY, Feb 5- The yen edged higher on Wednesday but remained below multi-month highs after emerging markets stabilised, while the Australian dollar took a breather following a powerful rally. The U.S. dollar eased 0.2 percent to 101.45 yen while the euro sagged 0.3 percent to 137.03 yen.
Kristy Campbell, Analyst at Macquarie Private Portfolio Management says Australian investors are concerned about the potential for the RBA to start hiking rates this year.
Michael Every, Head of Financial Markets Research, Asia-Pacific at Rabobank, says conflicting data from recent unemployment and inflation figures, is behind the Reserve Bank of Australia's decision to keep rates unchanged.
SYDNEY, Feb 5- The yen got off to a weak start in Asia on Wednesday having retreated from multi-month highs as emerging markets stabilised and stocks rebounded, while the Australian dollar took a breather following a powerful rally.