Tag: AUD
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
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Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Australia Stocks Close Lower; S&P/ASX 200 Down 0.51%
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Australian stocks ended lower on Wednesday, with the S&P/ASX 200 index declining by 0.51%, primarily due to losses in the Utilities, IT, and Industrials...
Indonesia Stocks Lower, IDX Composite Index Down 0.41%
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Indonesia's stock market closed lower on Tuesday, with losses predominantly observed in the Financials, Agriculture, and Basic Industry sectors. At the close of trading in...
Asia FX Gains as Dollar Nears 2-Month Low on Rate Cut Bets
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Most Asian currencies strengthened on Thursday, tracking weakness in the dollar as soft labor data continued to fuel expectations of rate cuts by the...
Top-Quality Currencies in the Global Arena: A Beginner’s Guide
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In the intricate world of finance, currencies play a pivotal role in facilitating trade, investment, and economic transactions on a global scale. The concept...
Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data
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In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...
Australia Stocks Close Higher; S&P/ASX 200 Up 0.96%
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Australia stocks concluded the trading session on a positive note on Friday, with gains in the Gold, Consumer Staples, and Energy sectors driving the...
Australia Stocks Decline Amid Gold and Mining Sector Losses; S&P/ASX 200 Drops 0.49%
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Australia's stock market closed lower on Thursday, driven by significant declines in the Gold, Metals & Mining, and Resources sectors. The S&P/ASX 200 index...
Australia Stocks Close Lower; S&P/ASX 200 Down 0.28% as Industrials and Utilities Weigh
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Australia's stock market closed lower on Tuesday, with the S&P/ASX 200 index slipping by 0.28%. The downturn was attributed to declines in the Industrials,...
What is considered a good spread in forex?
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In the world of forex trading, spreads play a crucial role in determining the cost of trading and the potential profitability of a trader's...
Asia FX Faces Pressure as Dollar Hits 10-Day High Amid Diminished Rate Cut Expectations
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Most Asian currencies experienced declines on Friday, with traders grappling with hawkish signals regarding inflation and interest rates, leading to a further reduction in...
Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 1.08%
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May 24, 2024 - Australia stocks closed lower on Friday, with losses in the Consumer Discretionary, A-REITs, and IT sectors leading shares downward. At the...