Tag: AUD
Top-Quality Currencies in the Global Arena: A Beginner’s Guide
Jennifer -
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
Jennifer -
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%
Jennifer -
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%
Jennifer -
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
Jennifer -
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?
Jennifer -
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
Jennifer -
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%
Jennifer -
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...
Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable
Jennifer -
Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...
What dollar is used in Switzerland?
Jennifer -
Switzerland, renowned for its economic stability, breathtaking landscapes, and financial prowess, operates within a unique financial framework where multiple currencies are commonly used alongside...
Australia’s S&P/ASX 200 Index Slips 0.85% Amid Declines in IT, Healthcare, and A-REITs Sectors
Jennifer -
Australia's stock market witnessed a downturn as losses in the IT, Healthcare, and A-REITs (Australian Real Estate Investment Trusts) sectors dragged shares lower on...
Asia FX Gains Ground as CPI Data Weakens Dollar, Fuels Rate Cut Speculation
Jennifer -
Most Asian currencies saw gains on Thursday following softer U.S. consumer inflation readings that pushed the dollar to a one-month low, prompting traders to...