Sentences with phrase «australian dollar moved»

The turning point in the market came with the intervention by the US Federal Reserve to support the yen exchange rate; this caused a sharp rise in the yen and the Australian dollar moved up with it.

The Australian dollar moved as low as $ 0.69 and as high as $ 0.73.

This increases its importance as a support level when the Australian dollar moved above 77.5 to the new resistance level near 81.

Not exact matches

This level has no previous history of support or resistance so this leaves open the potential for the Australian dollar to move above this technical target.

Dollar drop big, but not big enough: The RBA might be «delighted» about it, but the sharp drop in the Australian dollar in recent weeks is not enough to move the dial on economic growth and activity, expertDollar drop big, but not big enough: The RBA might be «delighted» about it, but the sharp drop in the Australian dollar in recent weeks is not enough to move the dial on economic growth and activity, expertdollar in recent weeks is not enough to move the dial on economic growth and activity, experts say.

A pattern that has emerged over the past couple of years has been for the Australian dollar to move more overnight in offshore trading sessions than in domestic sessions (Graph 27).

In particular, the Australian dollar fell to around US63 cents by late August as investors moved out of the currency into the rapidly appreciating yen; the bilateral rate against the yen fell from 82 to 70 yen over the same period.

It may not be that surprising then, that Simon sees a strengthening rally in the US dollar, a traditional flight - to - safety move, while the Euro and Australian dollar are turning negative.

Australian Dollar: In a move that surprised many investors and analysts the RBA opted to maintain its benchmark cash rate at 2.25 % yesterday.

With most Asian currencies moving closely with the US dollar over the period, and these currencies having a large weight in the Australian dollar TWI, over 70 per cent of the TWI was in effect determined by movements in the US dollar.

In each of these phases until mid 1997, the Australian dollar showed no sustained tendency to move with the yen.

The exchange rate of the Australian dollar has moved to a flatter trend after the increase over late 1995 / early 1996.

In fact, throughout this period, the Australian dollar, in common with many other currencies in the region, showed a remarkable tendency to move very closely with the yen (see Box).

Subsequently, expectations of further moves in monetary policy were scaled back somewhat, reflecting the rise in the Australian dollar and indications from the Federal Reserve that monetary policy in the United States was unlikely to be tightened in the near term.

Casella's family wine company, Casella Family Brands, owners of the Yellow Tail label, are betting on the weaker Australian dollar and a move into premium categories to boost profits.

With the Australian dollar appearing destined to move lower, investors looking for an angle may want to seek companies best placed to benefit.

The falling Australian dollar and an improved outlook for fertiliser are strong tailwinds for Incitec Pivot as the company moves into the latter stages of construction on its $ US850 million ammonia plant in Louisiana.

The statement added: «In the past year, the sterling, euro, Australian and Canadian dollars and South African rand experienced significant negative moves against the US dollar.»

The Australian Dollar has been tracking around $ 1.50: # 1 for the last two years and is now moving closer to the $ 2.00 level, which should be a draw for Australian expats over the coming year.

The value of currencies such as the Australian dollar and the South African Rand move with the value of commodities such as oil.