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Justin Rampono
Articles written by Justin Rampono
The Aussie dollar opens the week above 67 cents. But how long will it last?
In short The AUD/USD starts the week just above 67 cents The Australian dollar is up against the Euro, down against the British pound and flat against the NZ dollar and Yen Australian employment data out Thursday Time Open Low High Today 0.6725 In the last week 0.6672 0.6750 In the last month 0.6663 0.6887 Currency markets started the week how then ended it – fairly flat and quiet. The Australian dollar has barely moved against the US dollar or any of the major currencies in the last few days. This is because there has not been any unexpected news […]
AUD/USD fails to rebound back above 67 cents
In short The AUD/USD rose above 67 cents yesterday before falling again Coronavirus fears appear to be driving risk sentiment AUD/NZD hits a 2 month high Time Open Low High Today 0.6685 In the last week 0.6663 0.6771 In the last month 0.6663 0.6927 The Australian dollar rebounded above 67 cents briefly yesterday before falling back overnight. Any gains for the AUD/USD exchange rate have been limited since the outbreak of the coronavirus last month. The AUD was largely flat against most of the major currencies except the AUD/NZD, which has hit a 2 month high above 1.0450. This seems […]
Australian Dollar hits lowest point since 2009
In short The Australian dollar is at its lowest point against the US dollar since 2009 Falling commodity prices and concerns over the coronavirus have weighed heavily against the AUD RBA Governor Lowe to speak again this week Time Open Low High Today 0.6673 In the last week 0.6663 0.6771 In the last month 0.6663 0.6927 The Aussie Dollar has fallen to its lowest AUD/USD exchange rate since 2009. A weak session on Friday was enough to send the local currency to fresh 11 year lows as concerns over the coronavirus weighed on markets and the Australian currency. The RBA […]
Currency in the USA
What Currency does the USA use? The currency used in the US is called the US dollar (USD) and is represented by the symbol $. It is the most recognised, traded and accepted currency in the world. Other names it is called include the ‘greenback’ (financial settings) or ‘buck’ (informal settings). US dollars are available in many different denominations. This includes seven denominations in notes, as seen in our pictures. Banknote Denominations American banknotes are made with a blend of 25% linen and 75% cotton, making them a little less impervious to wear and tear than plastic money. Their distinctive […]
Currency in the UK
A Travel Money Guide to the UK So you’re making the pilgrimage to ol’ Blighty. One of the best ways to prepare for your trip is to get up to speed on the UK currency. Get your money’s worth and feel a little travel savvy with this helpful traveller’s guide to the British pound. The currency the UK uses The pound is the official currency of the United Kingdom. The pound is represented by the symbol £ and the currency code GBP. The UK includes England, Scotland, Wales and Northern Ireland. Don’t forget, the Republic of Ireland uses the […]
Currency in Spain
A Travel Money Guide to Spain It’s on many people’s bucket lists but you’re finally getting there! A trip to Spain is on your calendar and you’re about to experience everything we love about this country, from Picasso to Gaudi, tapas to paella, bullfighting to the flamenco, and sangria on the pristine beaches. But how do you make it by with the Spanish currency? We’ve developed this guide to give you a complete lowdown on everything you need to know about the euro, currency exchange, and paying in Spain. The currency Spain uses In Spain, they use the euro […]
