The AUD/USD declined by 0.63% on Thursday. After a 0.03% gain on Wednesday, the Aussie dollar ended the day at $0.64675. The Aussie dollar rose to a high of $0.65169 before falling to a low of ...
Asian equities trended higher on Wednesday, anchored by a surge in Australian stocks following a blockbuster earnings beat from Commonwealth Bank. Regional sentiment was balanced as investors digested ...
On Friday (May 17), economic data from China will impact buyer demand for the AUD/USD. Economists forecast industrial production to increase 5.4% year-on-year in April after rising 4.5% in March.
SYDNEY, Feb 20 (Reuters) - One of Australia's largest pension funds, UniSuper, has increased hedging of its overseas investments as it says the local currency is undervalued and will rise as the ...