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The Australian dollar has rallied during the course of the trading session on Thursday to go looking above the 0.74 level. At this point, it looks like we are going to challenge the 200 day EMA.
The AUD/USD pair could drop towards the 0.7400 region after extending its losses below 0.7450 earlier today. The dovish stance by the RBA could further boost the US Dollar’s performance against ...
The Australian dollar dropped sharply against the U.S. dollar as the Reserve Bank of Australia softened its tone on the inflation outlook. Its rally the day before sparked by China stimulus ...
Currency quotations use the abbreviations for currencies that are prescribed by the International Organization for Standardization (ISO) in standard ISO 4217.The major currencies and their designation in the foreign exchange market are the US dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF).
The methodology and data used for the index set it apart from several existing metrics, such as the ICE U.S. Dollar Index, Dow Jones FXCM Dollar Index and FTSE Curex USD/G8 Index. The WSJ Dollar Index is a trade weighted index but unlike some of the other metrics, the WSJ Dollar Index captures the impact of capital flows on currency volumes, a ...
The International Monetary Fund in April 2012 predicted that Australia would be the best-performing major advanced economy in the world over the next two years; the Australian Government Department of the Treasury anticipated "forecast growth of 3.0% in 2012 and 3.5% in 2013", [60] the National Australia Bank in April 2012 cut its growth ...
The direction of the AUD/USD on Monday is likely to be determined by trader reaction to .7222 and .7200. Aussie Finds Support Despite Fed Rate Hike Fears Skip to main content
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.