Commodity Brokers News
Brokers Tip Low Of 58 Us Cents For $a
Thursday December 24, 1998
The dollar fell to a low of 61.12 US cents yesterday, with analysts saying it looked set to move lower. Last night it was trading at 61.38 US cents in Europe. Currency analysts said they could see it falling to below 60 US cents by February. One said it could scrape as low as 58 US cents withTraders Don't Let Chance Of A Slowdown Get To Them
Thursday December 17, 1998
Stronger commodity prices helped the dollar and sharemarket to modest rises yesterday, despite more signs the domestic economy would slow down in 1999. The dollar climbed more than half a cent overnight to US62.66c, its highest level in two and a half weeks, before slipping back during local tradShares Dumped In Heavy Selloff
Tuesday December 15, 1998
The sharemarket suffered its biggest fall in three months after offshore investors liquidated several industrial stocks and commodity price falls undermined the resource sector. The All Ordinaries index fells as much as 62 points before ending down 53.5 at 2676. The futures market also droppedNews Archive
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