Search results
Results from the WOW.Com Content Network
The table has been set for further weakness in the Australian and New Zealand Dollars. However, short-term technical factors could at times trigger a few short-covering rallies due to oversold ...
The Australian and New Zealand Dollars are plummeting on Monday as investors took a risk-off approach and dumped commodity related currencies in reaction to the start of an oil price war. The ...
The Australian and New Zealand Dollars were pressured all week by rising U.S. interest rates, solid U.S. economic data and lower demand for risky assets. With the Fed raising rates for a third ...
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).
2.3 Australian dollar as legal tender. 2.4 Swiss franc as legal tender. 3 Currency board. Toggle Currency board subsection. ... Indian Rupee as exchange rate anchor
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.
There was little reaction to the jobs reports and GDP data because the direction of the Aussie and Kiwi is being primarily driven by risk sentiment.
The AUD/USD and NZD/USD should continue to be underpinned as long as investors remain optimistic over the developments over US-China trade relations. Technical factors could slow down the rally ...