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Australian dollar hits multi-year highs as bulls scent rate rise

Buzz line3 hours ago04 mins

SYDNEY, March 11 (Reuters) – The Australian dollar paused near multi-year peaks against a range of peers on Wednesday as markets sharply narrowed the odds on an imminent interest rate hike in one of very few developed nations to be tightening policy. The Aussie was up at $0.7127, having hit a 45-month top of $0.7168…

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Australian shares start week lower as financials drag

Buzz line2 months ago03 mins

Jan 19 (Reuters) – Australian shares fell on Monday after a five-session winning run, with financials leading losses, while market focus turned to a key monthly jobs report and quarterly production results of blue-chip miners this week. The S&P/ASX 200 index fell 0.3% to 8,877.4 by 0017 GMT after rising 2.1% last week in its…

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