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The AUD/USD and NZD/USD have retraced the earlier sell-off and are in a position to turn higher for the session. It may take days to figure out what happened in the market. We may even see prices ...
We’re anticipating heightened volatility in both the AUD/USD and the NZD/USD as the situation developments throughout the rest of the year. We’re likely to see waves of selling related to RBA ...
Despite the one-day reprieve, the outlook for the AUD/USD and NZD/USD remains bearish. The divergence between the monetary policies of the hawkish U.S. Federal Reserve and the dovish RBA and RBNZ ...
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2.3 Australian dollar as legal tender. 2.4 Swiss franc as legal tender. 3 Currency board. Toggle Currency board subsection. 3.1 US dollar as exchange rate anchor.
Australian dollar (AUD) Canadian dollar (CAD) Euro (EUR) Japanese yen (JPY) New Zealand dollar (NZD) Norwegian krone (NOK) Pound sterling (GBP) Swedish krona (SEK) Swiss franc (CHF) United States dollar (USD) In some banking circles, reference is made to the G11 currencies, which are the G10 currencies plus the Danish krone (DKK).
The dollar's post-float low was US$0.3922 on 22 November 2000, and it reached a post-float high on 9 July 2014 of US$0.8821. Much of this medium-term variation in the exchange rate has been attributed to differences in interest rates. [citation needed] The New Zealand dollar is among the 10 most-traded currencies. [4]
The Australian and New Zealand Dollars could rise next week if safe-haven buyers continue to liquidate long U.S. Dollar positions.