SYDNEY Analysts have again upgraded forecasts for the Australian and New Zealand dollars in the latest Reuters poll, but still lag the market as investors increasingly wager on a lasting downtrend for their U.S. counterpart.
SYDNEY, Aug 6 The Australian and New Zealand dollars backed away from multi-month highs on Thursday as some negative news at home provided speculators an excuse to take profits on recent generous gains.
SYDNEY, Aug 5 The Australian and New Zealand dollars resumed their ascent on Wednesday as falling Treasury yields undermined the U.S. dollar, while domestic data showed a surprise dip in New Zealand's jobless rate.
SYDNEY, Aug 4 The Australian and New Zealand dollars edged higher on Tuesday and bonds got a boost after the Reserve Bank of Australia (RBA) said it would again step into the market to buy government debt to keep yields down near its target.
SYDNEY Australia's retailers are facing a consumption drought as the country's second biggest state locks down to fight the coronavirus and as data showed sales volumes suffered their biggest plunge in two decades in the second quarter.
SYDNEY/HONG KONG, Aug 3 Asian share markets were mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new coronavirus cases, though a squeeze on crowded short positions left the dollar clinging to a tentative bounce.
SYDNEY, Aug 3 Asian share markets turned mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new coronavirus cases, though a squeeze on crowded short positions left the dollar clinging to a tentative bounce.
SYDNEY, Aug 3 Asian share markets turned mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new coronavirus cases, though a squeeze on crowded short positions gave the dollar a rare bounce.
SYDNEY, Aug 3 Australian home prices eased for a third straight month in July as the reimposition of a coronavirus lockdown in Victoria weighed on the Melbourne market and consumer sentiment generally.
SYDNEY, Aug 3 Asian shares and the dollar made a cautious start to the new month on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan and a global surge of new coronavirus cases showed no sign of abating.
French President Emmanuel Macron called for urgent support for Lebanon where he arrived on Thursday, two days after a devastating blast ripped through Beirut, killing 145 people and generating a seismic shock that was felt across the region.