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In the Asian session, the Australian, New Zealand and Chinese currencies all showed slight movement. With a lack of fundamental events, any further activity on Tuesday would be due to technical moves.
Sluggish start to week, as NZ and Australian dollar unchanged. Chinese yuan ticks higher despite weak Chinese manufacturing, retail sales data. AUD/USD, NZD/USD, USD/CNY – Asian Session Daily ...
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For a trade with a time to expiry of v days, the expiry date is the day v days ahead of the horizon date (unless it is a weekend or 1 January, in which case the date is rolled forward to a weekday) and for a trade with time to expiry of x weeks, the expiry date is the day 7x days ahead of the horizon date (with the same conditions as above).
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 ...
This proved unpopular, so the Summer Time Act 1928 revised this to a half-hour shift from 14 October 1928 (second Sunday) to 17 March 1929 (third Sunday), then the Summer Time Act 1929 permanently fixed this half-hour shift to run from the second Sunday in October to the third Sunday in March every year. In 1933, the period was extended from ...
Unlike the U.S., Australian inflation just recently moved to 2.1%, putting it inside the RBA’s target band of 2-3% for the first time in six years.
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 ...