Australian Dollar soft as a cautious market mood benefits the USD – FXStreet
The US dollar recovers amid the Middle East conflict. Last week's US NFP data tempered expectations for aggressive easing from the Fed. Minutes from the Reserve Bank of Australia's September policy meeting could stem the bleeding. AUD/USD fell 0.50% to 0.6765 on Monday, weighed down by a strong dollar and concerns over geopolitical tensions in […]
Liz Truss urges conservatives to ‘defund state media’ as she rails against left at Australian CPAC event | Liz Truss
Former British Prime Minister Liz Truss claimed in a speech to the Australian Conservative Party Political Action Conference that the left was winning the “debate” and called for funding for public broadcasters to restore left-wing victory. I asked him to stop. An audience of about 1,000 people at the CPAC conference in Brisbane said the […]
The moment I knew: while I retrieved the car, she was fighting hard to keep the boat off the rocky shore | Australian lifestyle
In 1990, I was 24 years old and about to enjoy my acting career. I joined a local band on Sydney's northern beaches and played gigs up and down the NSW coast most weekends. At the time, Ali seemed omnipresent as the cover girl queen of Dolly, Cleo, and Cosmo magazines. Every newsagent seemed to […]
ABC rejects Russian claim two journalists involved in ‘illegal’ border crossing | Australian Broadcasting Corporation
The ABC rejected Russia's claims that the two journalists acted illegally after entering Ukraine's occupied Kursk region. European correspondent Kathryn Diss and cameraman Fletcher Yong were charged with entering Russia “illegally” from Ukraine on August 31st. The two were escorted by Ukrainian military units to the Russian town of Suzha in the Kursk region, which […]
Australian Dollar receives support from divergent policy outlooks between central banks – FXStreet
The Australian dollar strengthened as the RBA and Fed adopted diverging policy outlooks. The RBA's Financial Stability Review suggests that Australia's financial system remains resilient and risks are broadly contained. China plans to inject 1 trillion yuan of capital into its major banks. The Australian dollar (AUD) recovered some of its recent losses against the […]
Australian Dollar pares gains following the Monthly Consumer Price Index – FXStreet
The Australian dollar is holding firm on the back of new Chinese economic stimulus measures. Australia's monthly consumer price index rose 2.7% year-on-year in August, below the expected 2.8% increase and the previous 3.5% increase. The People's Bank of China's Gongsheng Bank said it would cut the reserve requirement rate by 50 basis points and […]
Australian Dollar stays strong while markets brace for RBA – FXStreet
The RBA's policy outlook has seen the Australian dollar strengthen against the US dollar. The RBA is expected to keep interest rates unchanged at 4.35%. US S&P Global PMI data showed mixed results during the European session. On Monday, the AUD/USD pair rose 0.40% to $0.6835 by the close of trading on the 10th US […]
Lachlan Murdoch takes business into his own hands | Part 2 | Australian Story
Who is Lachlan Murdoch? And how has he been shaped by the family legacy, his rivalry with his siblings, the years at his father, … source
Australian Dollar advances despite Fed caution, awaits PBoC Interest Rate Decision – FXStreet
The Australian dollar rose after new job creation rose more than expected in August. Australian employment change increased by 47.5K in August, beating the consensus forecast of 25.0K. The Federal Reserve's significant interest rate cuts demonstrate its determination to protect the labor market and protect the economy from recession. The Australian Dollar (AUD) has recovered […]
Australian Dollar appreciates due to risk-on mood ahead of US Fed interest rate decision – FXStreet
The Australian dollar is extending gains as risk sentiment improves ahead of the US Federal Reserve decision. The Reserve Bank of Australia's hawkish stance is supporting the Australian dollar. The US dollar is weakening as the Fed is likely to cut interest rates by 50 basis points on Wednesday. The Australian Dollar (AUD) rose for […]