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Currency
USD Races for Safe Haven Tag with JPY Once Again, While AUD Continues the Momentum
May 04, 2020 01:47 AM AEST| By Team Kalkine MediaThe United States dollar is trading under pressure with the dollar index again retracing back from its recent peak of 100.87 (intraday high on 24 April 2020) to the present low of 98.64 (intraday low on 1 May 2020), which marked a fall of ~ 2.21 per...
AUD Made Decade Lows; Receding Rate Cuts to Provide Support
February 04, 2020 02:55 PM AEDT| By Team Kalkine MediaAustralian Dollar is one of most traded currencies in the world, and its sensitiveness to domestic economic activity, commodity prices and exports, makes it pro-cyclical in nature. In January 2020, being a risk-sensitive currency, the increasing ris...
Sterling Moves Up While Aussie Dollar Falls
January 25, 2019 04:22 PM AEDT| By Team Kalkine MediaToday (i.e., 25 January 2019) Sterling moved up to $1.31 against the US Dollar. As per the recent market news, the main reason behind this uplift was a recently published report by The Sun newspaper which says that Northern Ireland's Democratic Union...
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