Australian Dollar Hits 4-week High
AUDUSD increased to 0.70, the highest since September 2026. Over the past 4 weeks, Australian Dollar US Dollar gained 0.29%, and in the last 12 months, it increased 7.98%.
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BUZZ — Australia's Helloworld Travel climbs to one — month high on upbeat FY27 outlook
* Shares of Helloworld Travel rise as much as 5.9% to A$1.430, their biggest intraday pct gain since June 15 * Stock hits its highest level since September 15 * Stock up 2.9% so far this week, on track for its best weekly performance in nearly two months * The Australian travel company expects FY27 underlying EBITDA of
Australian Dollar Hits 2-Week Top
The Australian dollar edged up to around US$0.70, reaching its highest level in more than two weeks as hawkish RBA signals and a broadly weaker US dollar supported the currency. Minutes from the Reserve Bank latest meeting highlighted persistent cost-of-living pressures and the risk of further price increases, keeping
Australian Dollar Hits 9-Week Low
The Australian dollar fell below $0.70, hitting a nine-week low after August inflation figures undershot forecasts, trimming bets of near-term interest rate hikes. The monthly CPI rose 0.4%, below the expected 0.5%, while the annual pace accelerated to 4% from 3.5% in July but was below the 4.1% forecast. The trimmed-m
Australian dollar hits nine-week low after CPI misses forecasts
August CPI rose 0.4% versus 0.5% expected, lifting the annual rate to 4.0%. Core inflation rose 0.2% versus 0.3% forecast.
Dollar hits 16-month highs as US yields top 5%
The euro and Swiss franc fell to 16-month lows against the dollar, while the benchmark 10-year Treasury yield settled above 5% after touching its highest since June 2007. The Australian dollar weakened after the Reserve Bank of Australia raised rates as expected.
Australia, NZ dollars near multi-month lows as RBA hike seen likely
The Australian dollar was flat near $0.7020 after hitting an eight-week low, while the New Zealand dollar touched a three-month low at $0.5650. Markets expect the Reserve Bank of Australia to raise rates 25 basis points on Tuesday and see an 80% chance the RBNZ hikes on Oct. 28.
Australian Dollar Hits 7-Week Low
The Australian dollar weakened to around $0.70, hitting its lowest in seven weeks after the latest labor market figures tempered expectations of further interest rate hikes. The jobless rate rose to 4.6%, above forecasts of a steady 4.5% and the highest since late 2021, while the economy added 39,500 jobs versus a pred
UPDATE 1 — Australia's unemployment rate hits five — year high in August as more seek work
(Updates with market reaction in paragraph 2 and 3, quotes from ABS in paragraph 6 and 7.) SYDNEY, Sept 24 (Reuters) — Australian employment rose more than forecast in August but the unemployment rate still hit a five-year high as more people went looking for work, data showed on Thursday. The mixed report was not enou
Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
BUZZ — Australia's Sultan Resources rises on exploration licence application in Namibia
* Shares of Australia's Sultan Resources rise as much as 62.5% to A$0.013, marking their biggest intraday pct gain since March 6, 2024 * Stock hits its highest level since April 13 * Copper-gold explorer applies for exploration licence covering 171.2 sq km of prospective copper and gold ground in Namibia * Copper remai
BUZZ — MAAS rises as Australia clears $1.2 billion unit sale to Heidelberg
* Shares of Australia's MAAS Group rise as much as 9% to A$6.17, marking their biggest intraday pct gain since August 20 * Stock hits highest level since August 21 * Real estate firm says Australia's Treasurer, through the Foreign Investment Review Board, issued a no-objection notice for the proposed sale of its constr
Australian dollar hits 15-week high vs US dollar
AUDUSD rose to 0.72, the highest since May 2026. Over four weeks, the Australian dollar vs US dollar gained 2.29%, and over 12 months it increased 10.51%.
Australian dollar holds near $0.72 as rally hits ninth week since 2010
The Aussie dollar stays around $0.72 near a fifteen-week high, on track for a ninth straight weekly gain since 2010. The move tracks hotter July inflation and household spending, lifting bets on an RBA rate hike.