The Australian dollar gained considerable ground against the US dollar (AUDUSD) over the past 24-hours, following four consecutive losing sessions. Further positive developments in the eurozone last night saw equity markets surge and commodities bounce back from recent lows, supporting demand for our commodity based AUD. The local unit has remained strong during today’s Asian [...]
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Currency Exchange Wrap: October 6
The Australian dollar gained considerable ground against the US dollar (AUDUSD) over the past 24-hours, following four consecutive losing sessions. Further positive developments in the eurozone last night saw equity markets surge and commodities bounce back from recent lows, supporting demand for our commodity based AUD. The local unit has remained strong during today’s Asian [...]