Lawrence Villamar

The Australian dollar marched ever so slightly higher throughout onshore trade yesterday as optimism towards the forming of a Greek pro-austerity government and the prospect of stimulus action from the Federal Reserve gave markets a sense of optimism.

The use of robotics today has begun to spread into many facets of our daily lives.

Mexico has received an invitation to join the Trans-Pacific Partnership negotiations aimed at setting up a multilateral Asia-Pacific free trade area

Bolstered risk sentiment has lifted the Australian Dollar overnight, capitalising on earlier gains made after the release of the RBA’s minutes from its June meeting.

Despite a pull-back in optimism surrounding Europe last night the Australian Dollar has held up remarkably well.

An initial relief rally has sent the Australian dollar higher on this morning’s open, gapping higher and touching above 1.0110 as preliminary forecasts show a pro-bailout government is likely to be formed in Greece.

Amid increased demand for higher-yeilding assets the Australian dollar rose against its US Counterpart yesterday, following global stocks and commodities higher.

The Australian dollar had parity in its sights again last night, although for the third time in as little as a week its attempt was unsuccessful.

In what has been a rollercoaster ride for the Australian dollar over the past 24 hours, in figures released locally yesterday Business Confidence in Australia fell for the month of May to their lowest level in three years.

Following a week of extended gains the Australian dollar retreated yesterday as local markets remained closed for the long weekend.

When US President Barack Obama declared last year that American companies are holding nearly $2.3 trillion on their balance sheets, many questions were raised over how that money could be put to use to stimulate the private sector economy.

The Australian Dollar has gapped higher this morning as news hits the wires, Spain will be receiving a ‘line of credit’ to help its struggling banking sector weather the ongoing economic turmoil.

Much better than expected employment figures combined with Wednesday’s GDP result to paint a much rosier picture of our local economy yesterday and the Australian dollar rallied accordingly.

Australia’s economy grew by 1.3% in the first quarter of 2012, confidently blowing expectations out of the water.

Billionaire investor George Soros has warned that European leaders have a "three-month window" to save the euro, or risk the destruction of the eurozone and a "lost decade".

Portugal is on track to receive a fourth round of foreign bailout money, after a review showed that Lisbon has managed to abide by the tough austerity terms agreed under its 78 billion euros ($98 billion) EU - IMF led bailout package.

The Reserve Bank of Australia cut interest rates by 0.25% yesterday, as markets widely predicted they would.

Are older men overdosing in testosterone, unnecessarily? A new research noted the growing overuse among the aforesaid demographic, with the surge of testosterone prescriptions since 2006.

The Australian Dollar has traded under the pressure of today’s RBA meeting so far this week, despite a brief sigh of relief from the global stage.

Hollywood actress Drew Barrymore married Will Kopelman, in a wedding ceremony at her home in Montecito, California over the weekend!

A difficult week for the Australian Dollar did not get any easier on Friday as a slowdown in manufacturing across the globe hit hard on market sentiment.

Chocolate lovers all over the world finally have a legitimate reason to indulge on their sinfully delicious cravings daily! A new research shows that a daily dose of dark chocolate “could lower the risk of stroke and heart attack.”

Whilst private sector credit as well as private capital expenditure figures came in well above expectation, building approvals fell for the month of April by a seasonally adjusted figure of 8.7 percent.

The Australian dollar tumbled yesterday after weaker than expected retail sales increased bets that the Reserve Bank of Australia will cut interest rates further next week.

China's Ministry of Finance will impose a duty on all oil shipments entering Chinese waters beginning from July this year, said the China Daily on Tuesday.

European and Asian markets rose today on fresh speculation that China is set to ramp up stimulus spending in order to avoid a sharp economic contraction.

The Australian Dollar has managed to maintain the gains witnessed in the early parts of this week as US Markets returned to action overnight.

The Australian dollar spiked upon opening yesterday morning after Greek Poll results showed The Nation’s pro-austerity parties gained ground.

In another week of carnage across markets the Australian dollar consolidated on Friday, trading between a tight range of 0.9725 – 0.9798 against its US Counterpart.