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Australian Dollar Falls Against the US Dollar, with Surge in US Yield


Forex brokers are institutions or individuals who have been duly authorized to perform transactions related to foreign exchange. In the case of Australia, forex brokers must be authorized by the Australian Securities and Investment Commission, also known as ASIC. The Australian Dollar has emerged...

US Dollar Holds Ground Against JPY and CHN While Wall Street Rises


The global market changes have put the greenback on the right track in the forex market. The USD has outrun several currencies from the Asia-Pacific in the last 24 hours alone. Specifically, the currency’s run against the JPY has been so phenomenal that it is expected to reach the 2002 peak...

RBA to Release Meeting Minutes to Counter the Strength of the US Dollar


Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currency. People can exchange their respective currencies for trade, commerce, or tourism. The market...

As Europe Seeks Alternatives, the Australian Dollar May Rise


The Australian Dollar is the fifth most traded foreign currency on the exchange board. Reasons could be trade, commerce, or tourism, and the Australian Dollar was the Australian Pound from 1910 to 1966. The Reserve Bank of Australia looks after the regulation of the Australian Dollar, offering...

US Dollar Returns to Positive Road as Feds Give Assurance


The USD seems to be getting healthy from the impacts of the ongoing war in Ukraine. The greenback got back in line after a slight setback as per the reports. The US inflation, which was expected to bring the currency down, ended up softer. The Feds are confident that the currency will continue this...

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