The Australian dollar has slipped back below 78 US cents as the US dollar regain its strength.
At 0630 AEDT on Wednesday, the local currency was trading at 77.67 US cents, down from 78.22 cents on Tuesday.
And the Australian share market looks set to open higher following gains most international markets on hopes of a Greek debt breakthrough deal.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
ELSEWHERE:
LONDON - Britain's financial regulator has admitted it had no knowledge of an investigation by tax authorities into allegations that banking giant HSBC helped wealthy customers dodge millions of dollars in taxes.
GENEVA - Bankers from HSBC's Swiss division held hundreds of often illegal meetings with wealthy clients in 25 countries as part of their efforts to open undeclared accounts for them, Swiss media have reported.
ATHENS - Greece's new leftist government is fine-tuning a 10-point plan aimed at persuading its international creditors to reluctantly rethink their bailout terms and prevent the country from going bust.
ISTANBUL - German Finance Minister Wolfgang Schaeuble has poured cold water on suggestions a new economic program for Greece is being negotiated, saying talks on an existing package had to take place first.
ATHENS - The Greek stock exchange has jumped 8.0 per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country's bailout obligations.
Read more at Click here / www.trade4x.net
At 0630 AEDT on Wednesday, the local currency was trading at 77.67 US cents, down from 78.22 cents on Tuesday.
And the Australian share market looks set to open higher following gains most international markets on hopes of a Greek debt breakthrough deal.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
ELSEWHERE:
LONDON - Britain's financial regulator has admitted it had no knowledge of an investigation by tax authorities into allegations that banking giant HSBC helped wealthy customers dodge millions of dollars in taxes.
GENEVA - Bankers from HSBC's Swiss division held hundreds of often illegal meetings with wealthy clients in 25 countries as part of their efforts to open undeclared accounts for them, Swiss media have reported.
ATHENS - Greece's new leftist government is fine-tuning a 10-point plan aimed at persuading its international creditors to reluctantly rethink their bailout terms and prevent the country from going bust.
ISTANBUL - German Finance Minister Wolfgang Schaeuble has poured cold water on suggestions a new economic program for Greece is being negotiated, saying talks on an existing package had to take place first.
ATHENS - The Greek stock exchange has jumped 8.0 per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country's bailout obligations.
Read more at Click here / www.trade4x.net
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