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The Australian and New Zealand Dollars could rise next week if safe-haven buyers continue to liquidate long U.S. Dollar positions.
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 (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.
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.
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]
One hundred dollars (Australia) Value: 100 Australian dollars: Width: 158 mm: Height: 65 mm: Security features: Clear window with embossing, micro printing, slightly raised printing, hold the note towards light and the Australian coat of arms plus a seven pointed star will appear, ultraviolet, Unic serial number and different fonts, watermark
Risk aversion is helping to support the Australian and New Zealand Dollars early Tuesday as conditions have settled down in the U.S. stock markets after yesterday’s steep decline.