A perky Australian dollar, trading at 0.6625 against the greenback, appears to be continuing its strongest run of gains seen in years, Westpac said.
China’s latest balance of trade figures showed the country’s trade surplus exceeding $1tn for the first time on record in ...
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Heading into the Tuesday RBA decision, markets will require the central bank to verify this hawkish shift to sustain AUD strength. Any disappointment - i.e. any pushback against the notion that the ...
AUD demand then rebounded in the latter half of the week, with an expansion of Australia’s trade surplus in October and a ...
Despite a promising start to 2022, the Australian Dollar (AUD) has since been in a convincing downtrend, losing 8.69% in value against the U.S. dollar (USD) this year. It plunged to an 18-year low ...
The Australian dollar initially tried to rally during the trading session on Wednesday, showing signs of life as we broke above the 50-Day EMA. That being said, the 0.68 level seems to have caused a ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
THE Australian dollar has slipped a little against its US counterpart which has strengthened to a one-week high against a basket of six major currencies. The US dollar index, which fell to a more than ...
Australian Dollar loses gains as the US Dollar recovers ground on easing US-China tensions. China's Gross Domestic Product grew 4.8% YoY and 1.1% QoQ in the third quarter. The US Dollar faces ...