U.S. dollar lifted by worries over global growth; Aussie sinks

The dollar rose as investors sought the safe-haven currency amidst concerns over global growth, particularly in China, while the Australian dollar slumped after the Reserve Bank of Australia maintained interest rates.

reuters.com

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Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

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Posted 9/5/2023, 2:51:00 PM

U.S. dollar lifted by worries over global growth; Aussie sinks

reuters.com

Relevant topic timeline:

8/27/2023

Markets Week Ahead: US Dollar, Gold, Euro, NFPs, Key Fed Inflation Gauge, China PMI

8/29/2023

Asia markets set to mirror Wall Street's rise, ahead of Australia's July inflation numbers

Asia-Pacific markets set to rise following tech rally on Wall Street, Australian inflation numbers anticipated, and the U.S. dollar reaches its highest level against the yen in 2023.

8/29/2023

Forex Today: US Dollar tumbles as markets get ready for key data

9/4/2023

Dollar eases as risk appetite improves on China's measures By Reuters

9/5/2023

Dollar Soars to Five-Month High as US Economy Powers Ahead

9/6/2023

Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

The Australian dollar declined against the US dollar as the Australian economy slowed in Q2, indicating that the Reserve Bank of Australia may not raise interest rates further.

9/19/2023

Dollar Roars Back as US Economy Defies Gloom While Growth Falters Abroad

The US dollar has made an unexpected comeback, with its rebound causing ripples in global markets and impacting investors, officials, and companies.