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ORDINARY (UNLISTED/LISTED - COSACS) - End of Day 19:32 PM
INTERSTAFF RECRUITMENT - Appendix 4C 19:31 PM
ATLAS IRON - Appendix 3B 19:31 PM
STRIKE RESOURCES - General Company Update 19:30 PM
STREETTRACKS S P/ASX 200 LISTED PROPERTY FUND - Change in substantial holding 19:20 PM
STREETTRACKS S P/ASX 200 LISTED PROPERTY FUND - Change in substantial holding 19:15 PM
STREETTRACKS S P/ASX 200 LISTED PROPERTY FUND - Becoming a substantial holder 19:12 PM
TAP OIL - Simpson-9 Well Discovery 19:08 PM
TRUSCOTT MINING CORPORATION - Quarterly Cashflow Report 18:58 PM
CLANCY EXPLORATION - Appendix 3B 18:50 PM
Port Bouvard - VMG: Malavoca Awarded $13million Mandurah Canal Contract 18:30 PM
JACKSON GOLD - Australian Uranium Conference 2008 - Presentation 18:30 PM
AJ LUCAS GROUP - Appendix 3B 18:27 PM
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DOLLAR NIGHTLEAD
By Ed Logue and Jordan Chong
SYDNEY, July 24 AAP - The Australian dollar closed weaker today after the New Zealand central bank cut interest rates for the first time in five years, fuelling speculation that rates on this side of the Tasman would fall some time over the next 12 months.
At 1700 AEST, the Australian dollar was trading at 95.86 US cents, down from yesterday's close of 96.71 US cents.
During the day, the Australian dollar traded between a low of 95.72 US cents and a high of 96.21 US cents.
ANZ senior currency strategist Tony Morriss said the Australian dollar weakened as markets interpreted New Zealand's first official rate cut in five years, to kick-start its sluggish economy, as a sign for Australia's economy.
"Obviously, the Australian dollar was dragged lower with the kiwi dollar today," Mr Morriss said.
"Investors perceive New Zealand being further along the same economic curve and it is a matter of time something similar happens here."
The New Zealand dollar fell more than one US cent in morning trade after the New Zealand Reserve Bank cut in its official cash rate by 25 basis points to eight per cent.
The fall meant the Australian/New Zealand dollar cross rate pushed through $NZ1.2900 for the first time since December 2000.
Mr Morriss noted that the US dollar strengthened on renewed optimism about the US financial sector.
This occurred after the US House of Representatives passed a bill to allow the US Treasury Secretary Henry Paulson rescue embattled leading mortgage providers Fannie Mae and Freddie Mac.
The bill gives the US Treasury permission to buy shares in the two companies and lend them funds.
"There had been a real fear with Fannie Mae and Freddie Mac that the US financial sector was going to crack," Mr Morriss said.
More "hawkish rhetoric" from Federal Reserve Bank of Philadelphia president Charles Plosser gave the US dollar a boost, Mr Morriss said.
Mr Morriss said commodities prices were weaker overnight and added to the Australian dollar's softer tone.
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 | ASX Indices | Last | Change | | ASX 20 | 2,923.60 |  35.60 | | ASX 50 | 5,066.80 | 51.60 | | ASX 100 | 4,173.10 | 36.90 | | ASX 200 | 5,144.10 | 38.80 | | ASX 300 | 5,137.30 | 37.50 | | ASX MIDCAP 50 | 4,950.00 | 1.40 | | ASX SMALL ORDS | 2,906.10 |  19.80 | | ALL ORDINARIES | 5,188.40 | 26.80 | | ASX 200 CONS DISC | 1,687.90 | 28.50 | | ASX 200 ENERGY | 16,748.30 | 486.10 | | ASX 200 FIN | 5,035.30 | 175.70 | | ASX 200 FIN PROP | 5,417.30 | 181.60 | |
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