Australian dollar climbs in light of Trump's comments
Australian dollar
Sydeny - Xinhua
The Australian dollar has moved higher overnight following President-elect Donald Trump's comments downplaying the greenback.
Prior to the open of the Asian market on Wednesday 06:40 (AEDT) the local unit was trading at 75.59 U.S. cents, up from 75.24 U.S. cents on Tuesday.
Donald Trump told the Wall Street Journal on Monday, "Our currency is too strong. And it's killing us."
The implication that U.S. companies could not compete with China creating a shock-wave in the U.S. dollar which may lead to the Australian unit lifting once again.
"AUD/USD has traded in a range of $0.7649 to $0.7564 overnight and is currently sitting at the top of this range. Probability would suggest a move into $0.7700 is be on the cards." IG chief market strategist, Chris Weston in a note to investors.
At 09:16 local time (AEDT) the Australian dollar was trading at 75.61 U.S. cents.
source: Xinhua
GMT 09:38 2016 Thursday ,05 May
Australian dollar falls as markets digest rate cutGMT 05:32 2016 Monday ,18 April
Australian dollar falls amid oil talk breakdown
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 10:14 2017 Wednesday ,27 December
Developing Lake Toba tourism through geopark concept
GMT 23:46 2017 Thursday ,12 October
Khattab gets 13 votes in 3rd round of UNESCO election
GMT 07:14 2017 Tuesday ,03 January
Gambia Authorities Shut Teranga FM Radio Station
GMT 23:17 2017 Wednesday ,26 July
Indonesian govt not caught off guard
GMT 11:52 2017 Monday ,17 April
Moushtrayat 2017 Conference Sees Big Turnout from Entrepreneurs
GMT 16:01 2018 Thursday ,20 September
Sisi approves agreement for Electricity Holding Company and development of water system in North Sinai
GMT 15:47 2017 Monday ,27 March
Iraqi forces renewed their assault on Monday against terrorists in
GMT 12:36 2018 Tuesday ,16 January
The Stylist announces team updates
GMT 05:27 2016 Thursday ,01 September
President of Palestine Meets Chinese Official
GMT 01:37 2017 Thursday ,14 December
US returns to 1 World Trade Center 15 years after attacks
GMT 04:42 2017 Monday ,13 March
MP Hamadoun accuses Finance Minister of delaying salaries of Nineveh's employees
GMT 10:50 2017 Monday ,27 February
Saudi Arabia’s shift to solar energy will save up to $87 billion
GMT 09:06 2017 Thursday ,27 April
German consumers spring into May with confidence
GMT 12:06 2017 Saturday ,04 March
Goggia wins Olympic ski test event in Korea
GMT 22:14 2017 Wednesday ,08 March
At least 17 teenage girls killed in Guatemala shelter fire
GMT 07:00 2017 Friday ,12 May
Buffett blasts GOP Obamacare reform effort
GMT 02:12 2017 Monday ,16 October
February20th-March20th
GMT 06:50 2016 Sunday ,02 October
Top-level meetings reflect strategic partnership
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor