The Australian dollar might have further to fall, but there aren't too many currencies that look like a better buy than the Aussie, so it should find a floor soon enough.
The Australian dollar might have further to fall, but there aren't too many currencies that look like a better buy than the Aussie, so it should find a floor soon enough.
The factors driving our currency lower are not going away anytime soon and that means it's more than likely to hit US80 cents this year and even lower next year.
The focus might be on the fall in the Aussie against the US dollar, but against the Yen it's not doing too badly.
The Northern Hemisphere is back from summer holidays, economic data has offered some surprises and thoughts are turning to what 2015 could bring.
The RBA will be pleased to see the recent softening of the local currency – it is an appropriate economic response to weakening commodity prices and mining investment.
As Australia’s key commodity prices continue to weaken, has the Australian dollar lost its link with commodity prices?
There is an almost universal expectation that the A$ should be weakening, with many forecasters looking for the local unit to slip below 0.90 against the US$. Despite this backdrop, in the last month the A$ briefly pushed above 0.95, before settling in a tight 0.9350-0.9450 range.
Policymakers globally are struggling with the bitcoin and, in particular, how to capture the bitcoin into existing tax and regulatory structures. This is a critical path of the ‘coming of age’ of the bitcoin, but one that needs to be walked carefully.
One key issue being hotly debated in many circles is how to categorise the bitcoin. Is it a currency? Is it a commodity?
The New Zealand dollar hasn’t gone one-for-one with the Aussie dollar for 40 years. Could this happen in the near future? Jo Masters explains.
In this first of a three part series, Jo Masters takes a look at Bitcoins, explaining what they are, whether they’re here to stay and some of the regulatory issues currently under examination.
Jo Masters uses her 14 years experience working in currency markets and economic research in Australia to explain what’s happening to China’s currency.