SUBSCRIBERS
Australia, NZ dollars reach 4-month peaks as greenback stumbles
Published Mon, Jan 15, 2018 · 09:50 PM
Sydney
THE Australian and New Zealand dollars racked up fresh four-month peaks on Monday as their US counterpart suffered broad-based selling while optimism over global growth underpinned commodity prices and risk trades.
The Aussie dollar firmed 0.25 per cent to a top of US$0.7937. Support now lies at a former chart barrier of US$0.7898, with resistance lining up at US$0.7940 and US$0.7976.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Bank of Singapore takes action against employees for misusing medical benefits
UBS weighs synthetic risk transfer amid capital boost proposals
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore