Tag #Currency Exchange

Showing 25 to 34 of 34 results

smh.com.au
🌐 85% Global Worthiness
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WA Iron Ore Revenue Soars by \$529 Million, but Future Challenges Loom

Western Australia's iron ore revenue exceeded expectations by \$529 million due to higher iron ore prices (US\$98 per tonne) and a weaker Australian dollar (64.40c per US dollar), resulting in a \$3.2 billion operating surplus; however, rising prison costs and potential trade war impacts pose future...

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Surge in Chinese Homebuyers Drives Australian Housing Market

Fueled by a weaker Australian dollar and the Chinese New Year holiday, Chinese homebuyers are significantly increasing their presence in the Australian housing market, with a 20 percent rise in property viewings and $600 million in quarterly investment from Greater China.

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36% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
🌐 85% Global Worthiness
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Record Hedge Fund Borrowing Reflects Bets on Trump Presidency and Rising Dollar

Ahead of Donald Trump's presidency, hedge funds reached their highest borrowing levels since 2010, betting on a rising dollar and potential gains in specific U.S. stock sectors, despite concerns about tariffs and increased market volatility.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Dollar Hits Two-Year High Amidst Global Economic Uncertainty

The US dollar index (DXY00) reached a two-year high on Tuesday, increasing by 0.29%, due to strong year-end demand, a weakening Chinese yuan, rising US Treasury yields, and stronger-than-expected US home price increases in October.

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36% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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Global Markets Tumble Following US Rate Cut

European markets fell 1% following US Federal Reserve rate cuts and declines in Asian and US markets; the Bank of England is expected to keep interest rates unchanged at 4.75%; the Japanese yen fell to a four-week low, while the Euro and British Pound strengthened against the dollar.

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40% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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US Tariffs Trigger Global Market Downturn

On February 1st, 2024, the US imposed tariffs of 25% on imports from Mexico and Canada, and 10% from China, causing global stock market declines and currency fluctuations, particularly impacting the Euro, Canadian dollar, and Mexican Peso, and leading to concerns about supply chain disruptions and i...

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Weak Loonie, Rising Costs Drive Canadian Exodus from Florida

Due to a weak Canadian dollar, increased insurance premiums, higher taxes and condo fees, many Canadian snowbirds are selling their Florida homes, leading to a significant rise in Canadian sellers in the Florida real estate market; this trend is expected to continue impacting the market.

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28% Bias Score

Reduced Inequality
welt.de
🌐 35% Global Worthiness
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Millions of Deutsche Marks Still Exchanged for Euros in Germany

The German Bundesbank continues to exchange millions of Deutsche Mark for Euros annually, with 3.98 million D-Mark exchanged for 2.04 million Euros in northern Germany in 2024, while nationwide, approximately 53 million D-Mark were exchanged, reflecting a gradual decrease in the volume of unexchange...

Progress

28% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Dollar Rises on Slower Fed Rate Cut Expectations

On Tuesday, the U.S. dollar rose 0.14% to 108.24 on the index due to market expectations of slower U.S. interest rate cuts compared to other global central banks, reflecting anticipated economic growth under President-elect Trump and less aggressive Fed rate cuts, with the 10-year Treasury yield hit...

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36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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International Markets Lag U.S. Equities Amidst Tariff Concerns and Slow Growth

International markets significantly lagged behind U.S. equities in 2024, with the iShares MSCI ACWI ex U.S. ETF (ACWX) up only 4.6% compared to the S&P 500's 26% gain; this is primarily due to a stronger dollar resulting from President-elect Trump's proposed tariffs, slow growth in Europe and China,...

Progress

48% Bias Score

Reduced Inequality

Showing 25 to 34 of 34 results