#Australian Dollar
Dollar drops on weak retail figures
The Australian dollar has dropped on the back of a lower than expected increase in retail sales, with purchases taking a dive for department stores and household good retailers.
Female entrepreneurs in the Pacific beat Aussie counterparts
New survey data has revealed that female entrepreneurs in the Pacific are having more success at breaking into the export market than their Australian counterparts.
Exporters gaining confidence, managing strong AUD
The latest DHL Export Barometer has found exporters are gaining confidence whilst learning to manage the strong Australian dollar, international competition and rising raw material costs.
Strong Aussie dollar impacting business profit expectations
Small businesses, especially those in retail and manufacturing, hold great concern over the impact the high Australian dollar will have on operations during the June quarter.
Do you know what drives the AUD?
We’re always hearing about how the Australian dollar compares to the US dollar, and its value is vital to many in the business world. But how many of us actually know what drives the Aussie dollar? A Forex expert explains.
SME optimism drying up
SME business confidence slid again in the September quarter, with many reporting feeling less optimistic about future activity thanks to volatility in global financial markets and the high Australian dollar.
Entrepreneurs deliver US bargains to local consumers via new site
A new Australian website is bringing the best American merchandise bargains to local shoppers keen to take advantage of the strong dollar.
Shoppers set to spend big in Sydney, Melbourne
Concerns about the impact of the rising Australian dollar have been subdued by a new report that shows high visitor expenditure expected in Sydney and Melbourne.
Aussie dollar slips below parity against US Greenback
The Australian dollar has slipped below parity with the US dollar overnight, trading as low as US 99.961c overnight, remaining below parity in morning trade.
How exporters can soften the blow of a high Aussie dollar
There has been much talk and speculation recently with the Australian dollar hitting parity twice with the US dollar in the last month alone (the last time parity occurred was in July 1982).
Aussie dollar surges past parity as the US Federal Reserve ‘prints money’
The Aussie dollar has surged past parity with the US dollar, reaching as high as US1.0062 after the US Federal Reserve announced that it would buy $600 billion in treasury bonds in an additional round of ‘quantitative easing’ to prevent deflation.
Aussie dollar fails to reach parity with US dollar after hitting US 99.94cents
The Aussie dollar has failed to reach parity with the US dollar after coming as close as US 99.94 cents yesterday as profit takers moved into the market ahead of the release of US economic data tonight Australian time.
Aussie dollar hits US99.37c as US Fed prepares to reflate currency
The Australian dollar has hit US99.37c this morning as concerns the United States Federal Reserve will reflate the currency as soon as November continue to weaken the US dollar.
Aussie dollar to be worth US$1.20 within 12 months
Everyone is talking up whether our dollar will reach parity with the US. In my opinion, the Australian dollar will not only reach parity but move to between $1.10 and $1.20 over the next 6 to 12 months.
Aussie dollar smashes through US98c – trades at US$0.9845
The Australian dollar has broken US98c, trading at US$0.9845 after the Australian Bureau of Statistics revealed strong employment numbers for the month of September this morning.
Aussie dollar continues to surge – hits US97.3c
The Aussie dollar continues to surge towards parity with the US dollar, reaching US97.3c overnight and hitting parity with the Canadian dollar, affectionately known as the ‘loonie’.
Aussie dollar breaks US96c mark – and rising
The Australian dollar is trading at a two year high against the US dollar, hitting US96.08c during early trade this morning.
Caltex profits forecast to plummet 50% in 2010
Caltex has forecast profits to plummet by 50 percent in the first half 2010 as a result of continued volatility in Australia’s exchange rates.
Managing Currency Risk With Forward Forex
Currency fluctuations need not be an issue for exporters with simple research and exmanination of your business and market, these strategies can help you effectively currency-proof your business. Can a business truly be currency-proof? It can get pretty close, say our experts from HSBC Bank Australia: Andrew Skinner, head of trade and supply chain, and […]