Despite possible further downside in the Australian dollar over the next six to 12 months, Lane said that because it’s already come down so much it’s not a pressing reason to make structural changes to a portfolio. He said the relative ‘better value’ of local businesses could prompt investors to make changes, especially since …
The dollar fell slightly on Monday, pulling away from six-month highs against the yen, as the US debt ceiling agreement increased risk appetite in global markets and reduced the attractiveness of the note. green for sure values. US President Joe Biden on Sunday finalized a budget deal with House Speaker Kevin McCarthy to suspend the …
The dollar retreated on Monday, coming back from a six-month high against the yen, as the agreement on the US debt ceiling boosted risk appetite in financial markets and reduced the attractiveness of the greenback for safe havens. US President Joe Biden on Sunday finalized a budget deal with House Speaker Kevin McCarthy to suspend …