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.
The U.S. dollar rose on Tuesday ahead of an expected rate cut from the Federal Reserve on Wednesday, while the Australian ...
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The global financial crisis has sent investors worldwide scrambling for safety, forcing Australian bond yields to record lows. But what was once a safe haven is now a vulnerable economy, dependent in ...
At 7.02am on Friday, the local unit was trading at 76.43 US cents, down from 76.58 US cents on Thursday. Westpac senior market strategist Imre Speizer says the Aussie had continued its multi-day rally ...
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 ...
AUD demand then rebounded in the latter half of the week, with an expansion of Australia’s trade surplus in October and a ...
China’s latest balance of trade figures showed the country’s trade surplus exceeding $1tn for the first time on record in ...
The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.