Australian Dollar

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Market Mantra: Virus woes hurting Australian dollar as market records worst week since January

With housing prices in Australia starting to suffer as a result of lockdown and the Chinese economy slowing down the Aussie is expected to fall further.

Market Mantra: Record-high ASX, Cryptocurrencies surge and reasons behind it

The RBA positively surprised investors by stating that Australia will avoid another recession, despite lockdowns imposed because of rising Coronavirus cases.

Market Mantra: Australia shares hit all-time high, Elon Musk boosts Bitcoin

About 25% of the traders who responded cited the Coronavirus pandemic as the factor that was most influencing in their six-month outlook for stocks.

Market Mantra: Why are Australia’s shares registering uptick despite lockdown fears

The Australian dollar continued to decline against the major currencies and continues to look very threatened.

Market Mantra: Morrison’s phased reopening plan may boost Australian economy

The Australian dollar bounced back strongly on Friday after hitting seven-month lows against the US dollar.

Market Mantra: Fourth straight week we are bullish, but be watchful with NAB

The world hopes the demand for Gold from India will start boosting the prices again.

Market Mantra: Banks take Australian market to all-time high, Bitcoin suffers thanks to Elon Musk

It is expected that Aussie will continue to rally against the Indian Rupee and may go above the Rupees 57 mark next week alone.

Market Mantra: Cryptocurrency correction we ought to have

What a change one week can bring. The Cryptocurrencies came crashing down after a crackdown in China. The correction was much needed as unlimited...

Market Mantra: Is this a good time to invest, here are some answers

Australian shares showed signs of recovery on Friday and moved higher, the benchmark index posted its biggest weekly drop in 11 weeks. The three...

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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