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Tag: Australian Economy

Australia data – May services PMI 52.1 (prior 53.7) | Forexlive

Judo Bank / S&P Global Australia PMI data for May 2023, final:Services 52.1preliminary was 51.8prior 53.7Composite 51.5flash was 51.2Last week we had the final...

New drone exam to open up BVLOS operations

Drone operators looking to go beyond visual line of sight (BVLOS) will soon see a more accessible exam. The Civil Aviation Safety Authority (CASA) told...

Analysis of AUD/USD Price: Bears Anticipate Premium in the Market Opening

The AUD/USD currency pair has been under pressure in recent weeks, with bears anticipating a premium in the market opening. The Australian dollar has...

USD Gains Momentum as Debt Ceiling Uncertainty Impacts AUD/USD Weekly Forecast

The US dollar has been gaining momentum in recent weeks as uncertainty surrounding the debt ceiling has impacted the AUD/USD weekly forecast. The debt...

USD Index Weakens as AUD/USD Reaches 0.6770, US Inflation in Focus

The USD index, which measures the strength of the US dollar against a basket of other major currencies, has weakened in recent days as...

Prospects for an Australian Defense Industry Fund

AdvertisementFormally announced in March this year, the AUKUS nuclear-powered submarine deal is widely touted as Australia’s most important defense acquisition since World War II....

AUD/USD falls heavily as bears move in towards the 0.6580s target area

Share: AUD/USD bears move in due to the divergence between the Reserve Bank of Australia and the Federal Reserve.  Federal Reserve's...

Australia’s central bank identifies CBDC use cases as it prepares pilot launch

The Reserve Bank of Australia (RBA) has outlined potential use cases and providers for a central bank digital currency (CBDC), with a pilot program...

Supporting consumers as post-Covid debt begins to rise (Ariel Timothy)

When giving a talk at the Policy Influence Reform (PIR) conference last year, Dr Jeffrey Wilson, Ai Group’s director, outlined the myriad of challenges facing...

Week Ahead – Blockbuster end to the year

US Two blockbuster events will have Wall Street on edge as the disinflation trade may have gotten ahead of itself. The last major piece...

AUD/USD drops from weekly highs around 0.6780s, on mixed mood

The Australian Dollar is on the defensive due to mixed sentiment. Federal Reserve: US growth risks are skewed to the downside, capping the...

Euro and Sterling rallied against U.S. dollar. Why’s that?

Euro and Sterling rallied against U.S. dollar. Why’s that? ...

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