Aussie Dollar News — Why the AUD Is on a Downward Streak
Overnight, the AUD fell 1.4% to hit 70.72 US cents. At the time of writing it’s trading at 70.45 US cents. The Australian Dollar has been recording falls against the US dollar for the last…
Australian Dollar
AUD News and Analysis
Stay up to date with the latest developments in relation to the Australian Dollar
AUD Update: Is the Aussie Dollar Heading Higher or Lower?
The value of the Aussie dollar is pushing higher today against the US dollar. At time of writing, AUD is trading at 72.14 cents of a US dollar. This is an over 30% increase from…
Markets Unimpressed with Rio Tinto’s Production Results
Rio Tinto Ltd [ASX:RIO] released their second quarter production report today. The company shipped 86.7 million tonnes during the second quarter. This was a 19% rise from the previous quarter and a 1% increase from…
Copper or Bonds…Place Your Bets…
While the stock market, the US dollar and commodities are all pointing to better economic times ahead, the bond market isn’t playing along. The yield on the global benchmark, US 10-year Treasury, refuses to budge.
AUD News: The Aussie Dollar Fights Back Against the USD
After hitting a US 55-cent low in March, the Aussie dollar is fighting back. Since then, the AUD has climbed back up to 69 US cents, or over 25%. One of the reasons for the…
TINA — Typical Industry Nonsense Abounds: Cash Will Always Be an Option
Cash was and always will be an option. However, the self-serving investment industry cleverly framed its marketing message to deliver TINA as a fait accompli.
Get Ready to Grab Your Cash Out of the Stockmarket
We’ve had a storming start to the year. What’s the problem? ‘Phantom growth’, says Vern. This is just one of the reasons why he says Australian savers, investors and retirees need to get ready to…
Cashing In on Fear – Will the Government Honour its Deposit Guarantee?
Those of you who have taken or are considering taking a more defensive position — more cash and less shares — are expressing reservations/concerns/fears about the safety of the Australian banking system…
Inflation Devalues Currency: The Aussie Dollar Loses Value Every Year
The more the money supply expands, the less your money is worth. In Australia, the RBA has in place an inflation target of around 2–3%. In other words, they have a mandate to devalue the…