Dollar up from seven-week low
The Australian dollar dropped to a seven-week low on Thursday last week, but has since gained more than half a cent, thanks to increases in US equities late last week.
At 10am AEST this morning, the dollar was trading at 106.04 US cents. However, it is expected to fall following the release of Chinese housing data over the weekend.
Published on: Monday, March 19, 2012blog comments powered by Disqus
Today on Switzer
Part one: for his invaluable insights into the Australian media landscape, don’t miss this interview with former News Corp CEO Kim Williams, who has just released his new book ‘Rules of Engagement’. (Broadcast Monday 1 September 2014.)
While market demand in a booming Sydney has eased slightly in winter, I am expecting a very strong spring season with more stock likely to ramp up activity over the next three months.
Have you ever wondered why Qantas' frequent flyer program is valued over $2 billion? I explain why today.
Part two: the second instalment of Peter Switzer's interview with former News Corp CEO Kim Williams. (Broadcast Monday 1 September 2014.)
The start of a new month ushers in a barrage of economic data, with a Reserve Bank Board meeting thrown in for good measure.
Christine Holgate, CEO of Blackmores, joins Switzer TV for a look at the recent earnings report and how the company is performing. (Broadcast Thursday 28 August 2014.)