Australian, NZ Dollars Pause to Give Thanks for Bumper Gains

[ad_1] SYDNEY, Nov 26 (Reuters) – The Australian and New Zealand dollars paused to digest recent meaty gains on Thursday as a U.S. holiday thinned liquidity, though the prospect of a vaccine-led global recovery kept commodity prices and risk assets well underpinned. The Aussie held at $0.7369, having risen 4.9% for November so far to … Read moreAustralian, NZ Dollars Pause to Give Thanks for Bumper Gains

NZ Dollar Jumps as Market Unwinds RBNZ Easing Bets

[ad_1] SYDNEY, Nov 24 (Reuters) – The New Zealand dollar jumped to its highest since mid-2018 on Tuesday as investors scaled back wagers of more policy easing by the country’s central bank given the risk of surging house prices there. The kiwi dollar was up 0.7% at $0.6967, after reaching a top of $0.6985 and … Read moreNZ Dollar Jumps as Market Unwinds RBNZ Easing Bets

Australia, NZ dlrs Edge Back as Vaccine Euphoria Wanes

[ad_1] SYDNEY, Nov 18 (Reuters) – The Australian and New Zealand dollars suffered a setback on Wednesday as market euphoria over vaccine news was tested by the reality of tighter economic restrictions across the United States and Europe. Data out from Australia also showed annual wage growth hit a record low of just 1.4% last … Read moreAustralia, NZ dlrs Edge Back as Vaccine Euphoria Wanes

Australia, NZ Dollars Resurgent on Virus Vaccine Hopes

[ad_1] SYDNEY, Nov 17 (Reuters) – The Australian dollar climbed to a one-week high on Tuesday, holding above key chart resistance of 73 U.S. cents, while its New Zealand peer was perched at a 19-month top as investor sentiment was boosted by coronavirus vaccine hopes. Risk assets were buoyed overnight by news that Moderna’s COVID-19 … Read moreAustralia, NZ Dollars Resurgent on Virus Vaccine Hopes

Stocks Led Higher by Tech, Bonds Rally on Election Nailbiter

[ad_1] SYDNEY, Nov 4 (Reuters) – Share markets veered higher in wild Asian trading on Wednesday as results from the U.S. presidential election proved far closer than polls had predicted, leaving the outcome deeply in doubt. Investors had initially wagered that a possible Democratic sweep by Joe Biden could ease political risk while promising a … Read moreStocks Led Higher by Tech, Bonds Rally on Election Nailbiter

Australia C.Bank not out of Firepower Yet, Says Lowe

[ad_1] SYDNEY, Nov 3 (Reuters) – Australia’s central bank is not out of firepower yet and has additional monetary policy options if needed, though negative interest rates are still “extraordinarily unlikely”, Governor Philip Lowe said on Tuesday after cutting rates to record lows. Earlier, the Reserve Bank of Australia (RBA) trimmed its cash rate to … Read moreAustralia C.Bank not out of Firepower Yet, Says Lowe

Australia, NZ Yields Fall as Bonds in Demand; NZ Near Zero

[ad_1] SYDNEY, Sept 10 (Reuters) – Three-year Australian bond yields fell to a four-month low on Thursday while New Zealand’s was near zero amid expectations central banks in both countries will have to ease policy further to get their flagging economies back on track. Yields on three-year Australian government bonds went as low as 0.232% … Read moreAustralia, NZ Yields Fall as Bonds in Demand; NZ Near Zero

Australia, NZ dlrs Near Two-Week Lows

[ad_1] SYDNEY, Sept 9 (Reuters) – The Australian and New Zealand dollars held near two-week lows on Wednesday as risk appetite turned sour in the wake of a stock market rout and oil price slump. The Australian dollar was fetching $0.7226, after falling as deep as $0.7192 earlier in the session, while its New Zealand … Read moreAustralia, NZ dlrs Near Two-Week Lows

Asian Shares on Fragile Footing Amid Elevated Valuations

[ad_1] SYDNEY (Reuters) – Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply. Chinese stocks started lower while shares of Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) plunged to the … Read moreAsian Shares on Fragile Footing Amid Elevated Valuations

Asian Shares Reverse Early Gains, Euro Falls to 1-Week Lows

[ad_1] SYDNEY (Reuters) – Asian equities pared early gains on Thursday amid growing worries about Sino-U.S. relations while the euro hit a one-week low as traders wagered on central bank action to tame the single currency. In early European trade, the pan-region Euro Stoxx 50 futures and German DAX futures added 0.6% each, FTSE futures … Read moreAsian Shares Reverse Early Gains, Euro Falls to 1-Week Lows