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Expert market insight and updates to help you navigate the ever changing global currency markets.
Decoding Last Week's Market Moves: Beyond the Trade Headlines
The news last weekend of the massive Trump climb down on Chinese tariffs buoyed the dollar, but the bump soon faded and the dollar ended the week down against all of its G10 peers and nearly all major currencies worldwide.
The Australian and New Zealand dollars were edging higher again on Tuesday as wild swings in oil prices made for erratic markets and analysts revised up expectations for rate hikes at home.The local unit is higher in early trade, sitting at $0.7340 but climbing as high as $0.7440 at one point overnight.
The Australian and New Zealand dollars were edging higher again on Tuesday as wild swings in oil prices made for erratic markets and analysts revised up expectations for rate hikes at home.The local unit is higher in early trade, sitting at $0.7340 but climbing as high as $0.7440 at one point overnight.
Risk is isolated in Europe with limited contagion across the currency marketAfter touching a low of €0.6180 in Feb the AUD/EUR pair has reached a near 5 year high of €0.6560. As we know, this move is on the back of what is currently happening in Ukraine.
Risk is isolated in Europe with limited contagion across the currency marketAfter touching a low of €0.6180 in Feb the AUD/EUR pair has reached a near 5 year high of €0.6560. As we know, this move is on the back of what is currently happening in Ukraine.
We are deeply saddened by the catastrophic events that have unfolded over the past few days. We believe in the power of an international community and that we all should be united in our ambition of building a better world for everyone.Our immediate thoughts are with the thousands of innocent people impacted by these awful events.
We are deeply saddened by the catastrophic events that have unfolded over the past few days. We believe in the power of an international community and that we all should be united in our ambition of building a better world for everyone.Our immediate thoughts are with the thousands of innocent people impacted by these awful events.
The AUD’s place among inflation and geopolitical drama.The Aussie dollar could be worth 75 US cents by June, said our Senior Dealer Patrick...
The AUD’s place among inflation and geopolitical drama.The Aussie dollar could be worth 75 US cents by June, said our Senior Dealer Patrick...