Aussie Dollar: A Currency with Roots to its Harvest Season
Currency markets have multiple drivers of their exchange rates. But crops? For the Aussie Dollar, yes, which leads to a consistent seasonal tendency for its currency appreciation.
Australian Dollar Crawls Higher Against the U.S. Dollar in Early 2023
The rise of the U.S. dollar in 2022 pushed the Australian dollar lower. However, since late last year, the A$ has been rising against the U.S. dollar. The Australian currency is highly sensitive to commodity...