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The AUD/USD and NZD/USD have retraced the earlier sell-off and are in a position to turn higher for the session. It may take days to figure out what happened in the market. We may even see prices ...
Setting in motion last week’s plunge in the New Zealand and Australian Dollars was a move by New Zealand’s government aimed at property speculators.
The Non-Farm Employment Change is expected to show the economy gained 191K jobs in July, down from 213K in June. The Unemployment Rate is expected to drop to 3.9% from 4.0% and Average Hourly ...
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The Australian dollar was floated in December 1983, as subsequently also was the New Zealand dollar in March 1985. Contemporary dollarisation by either country to the currency of the other or the more involved currency union entailing amalgamation of the central banks and economic regulatory systems of both countries have been proposed and ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
As of February 2023, NZX had a total of 338 listed securities, equity, debt and funds with a combined market capitalisation of NZD $226 billion. [30] New Zealand's currency, the New Zealand dollar, also circulates in four Pacific Island territories. The New Zealand dollar is the 10th-most traded currency in the world. [31]
The Aussie and Kiwi were under pressure all session on Thursday. Both currencies were pressured early by renewed tensions over U.S.-China trade negotiations and weaker-than-expected Chinese ...