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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 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 ...
BNY forecasts that AUD/USD may continue to grind higher on positioning and carry support, but warns that investors should be prepared for periodic disappointment in the spot rate until productivity ...
You may have seen stories the Australian dollar has “plummeted”. Sounds bad. But what does it mean and should you be worried? The most-commonly quoted exchange rate in the Australian media has long ...
The Australian dollar was up against the greenback and appeared positioned for outperformance ahead, with cyclical and structural factors providing it a durable tailwind, Mizuho Securities said.
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 ...
Risks are skewed toward the Australian dollar declining even further in 2022 after touching a two-year low this month amid concerns over slowing economic growth. Commonwealth Bank of Australia sees ...
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.