BHP Billiton

Australian Dollar Looks Lost as ASX 200 Continues to Struggle

Australian Dollar Looks Lost The Australian dollar continues to trade within a narrow range between 0.73 and 0.74 where it has mainly loitered for the last month, but interestingly it seemingly looks stuck in no man’s land. It doesn’t know where to turn next. It has depreciated significantly against the US dollar amongst other major …

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Australia and China to Address Iron Ore Demand

Australia’s Treasurer Joe Hockey plans to discuss iron ore demand with his Chinese counterpart after rising output from BHP Billiton Ltd. and Rio Tinto Group helped drive the metal’s price below $50 a metric ton this month. Australia, the world’s biggest supplier, is contemplating a price as low as $35 in next month’s budget, while …

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