AUD News 

Australia Mourns the End of Its Car Manufacturing Industry

“But union representatives said most of the laid-off workers will never get work in the manufacturing industry again” writes Jacqueline Williams for nytimes.com. The decision to stop making cars in Australia reflects “the perfect storm of negative influences the car industry faces,” Mr.Leading politicians expressed dismay at the fate of the domestic auto industry. “Personally, I feel very sad, as we all do, for the end of an era,” Prime Minister Malcolm Turnbull said during a radio interview on Friday. Source: nytimes.com Share This:

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AUD News Reviews 

AUD Daily Review October 19, 2017

AUD Daily Review for October 19, 2017 USD/JPY and AUD/USD Forecast October 19, 2017 The US dollar rallied significantly during the day on Wednesday, breaking the top of the shooting star from Tuesday, which is always a very bullish sign. We …   USD/JPY and AUD/USD Forecast October 20, 2017 The US dollar fell significantly during the session on Thursday, reaching towards the 112 level. This level offered enough support to turn things around to f…   Have a nice trading! Share This:

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AUD News Reviews 

AUD Daily Review October 18, 2017

AUD Daily Review for October 18, 2017 Two former Rio Tinto executives charged with fraud Two former top executives from mining conglomerate Rio Tinto PLC RIO, -0.46% have been charged with fraud, according to a Securities and Exchange Comm   AUD/USD Technical Analysis: Down Trend Resumption in the Works? Aspirited Australian Dollar recovery against its US counterpart stalled ahead of the 0.79 figure, hinting that the down trend started in early September may soon   Saudi Arabia’s giant Vision Fund isn’t investing in the Middle East About 60% of the…

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AUD News 

Australia launches a world-first national reporting tool for revenge porn

“New South Wales and the Australian Capital Territory recently introduced laws, catching up with Victoria, South Australia and Western Australia which have revenge porn legislation” writes Johnny Lieu for aol.com. Queensland, the Northern Territory and Tasmania are yet to have specific laws on revenge porn, nor is there legislation on a federal level. Source: aol.com Share This:

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AUD News Reviews 

AUD Daily Review October 17, 2017

AUD Daily Review for October 17, 2017 AUD/USD Technical Forecast: Sideways to Higher Trading AUD/USD forecast using Elliott Wave hints at prices being supported and a possible move to 82 cents.   USD/JPY and AUD/USD Forecast October 17, 2017 The US dollar fell against the Japanese yen initially at the open on Monday, but then found enough footing to break above the 112 level. I believe that the m…   Madame Tussauds owner’s shares plunge as terror attacks hurt business Shares in Merlin Entertainment plunged as much as 21% in…

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AUD News 

Australia just ditched its Clean Energy Target for a new plan, and it’s terrible for renewables

“Now Australia’s gone and dumped its Clean Energy Target for a so-called “plan” that removes subsidies for renewable energy and hands the mic to coal power” writes Shannon Connellan for mashable.com. “This government appears to be hellbent on destroying renewable energy,” Shadow Minister Climate Change and Energy Mark Butler told reporters.Liberal MP Andrew Hastie said the package would prevent Australia from becoming a “banana republic” — something Hastie thinks would happen if the country used more renewable energy.The Turnbull government reckons they can lower prices for consumers by creating a…

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AUD News 

Australia tries to solve its bike-sharing dumping problem

“Singapore-based, dockless bike-sharing service oBike fished 42 bikes out of Melbourne’s Yarra River in one day” writes Shannon Connellan for mashable.com. Dockless bike-sharing services have become synonymous with large, unsightly piles of dumped bikes, or bikes left in unusual locations, up trees, in rivers, or just scattered haphazardly around city streets. Source: mashable.com Share This:

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AUD News 

Warner ignites Ashes war of words by revealing his ‘hatred’ of England

“Australia’s vice-captain David Warner has told England to prepare for “war” as the Ashes fast approaches – and said he would be motivated by a “hatred” for the opposition” writes Sports Staff for independent.co.uk. “As soon as you step on that line it’s war,” Warner said on Australian radio station ABC Grandstand. Source: independent.co.uk Share This:

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AUD Crypto News 

IBM has a new blockchain for banks to speed up cross-border payments

“IBM has developed a blockchain platform that allows banks to rapidly clear and settle payment transactions around the world” writes Ryan Browne for cnbc.com. IBM’s blockchain will allow all “appropriate” parties access to clearing and settlement data on financial transactions.”Making distributed ledger technologies more interoperable is the latest example of IBM’s leadership driving the rapid advancement of blockchain.”. Big Blue said Monday it has worked with a number of international banks including Spain’s BBVA, Indonesia’s Bank Danamon and Australia’s National Australia Bank. Source: cnbc.com Share This:

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