1. For example, most eurodollar, euroyen, Canadian dollar and Australian dollar eurobonds are issued out of London. 2. Also buoying the dollar today was news that Dresdner Bank AG plans to sell three-year bonds denominated in Australian dollars. 3. Also weighing on bonds and the Australian dollar is the current account deficit, which government officials, rating agencies and Fraser say is of great concern. 4. Amid expectations Japanese will invest more in Germany and Australia besides the U.S., the mark and the Australian dollar also gained against the yen, three traders said. 5. An interest rate cut would likely hurt the Australian dollar as it would reduce the yield on deposits denominated in the currency, making them less attractive to investors. 6. An interest rate cut will be bad for the Australian dollar as it will reduce the yield on deposits denominated in the currency. 7. Anticipation of interest rate cuts in the U.S., Germany and other European countries is also helping the Australian dollar, Rothfield said. 8. As well as falling bond yields, the bank had the benefit of a falling Australian dollar. 9. Aussie is slang for Australian dollar. 10. Aussie is the colloquial term for the Australian dollar. |