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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 ...
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China reportedly wants to do more deals in its own currency. Australia’s banks aren’t ready
In October, media reports suggested mining giant BHP had accepted a deal to settle about a third of its spot iron ore sales to Chinese customers in China’s own currency, the renminbi (RMB), rather ...
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.
ING expects the policy stance will provide Australian dollar support during 2026. In contrast, the bank expects that the Bank of England will continue to cut rates next year which will curb the ...
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 ...
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