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Australian companies are on track to pay out more than $100 billion in dividends in the 2023 financial year as the high-octane 2022 earnings season draws to a close on sound footing in the face of slowing growth.
Even the relative strength of the Australian economy is not enough to convince FX analysts that now is a good time to increase exposure to AUD.
The Australian dollar may remain under pressure on fears that central banks’ aggressive tightening to rein in inflation will tip the world into recession.
LONDON — The dollar slipped slightly on Thursday but was still close to its highest since July 2020 against the euro, having strengthened due to market…
The dollar slipped overnight but was still close to its highest since July 2020 against the euro on Thursday after U.S. Federal Reserve meeting minutes reinforced market expectations that the Fed will raise rates sooner than other major central banks.