Resources Data Journal
Online ISSN : 2758-1438
Volatile factors in the Australian dollar exchange rates
Lili JiangYongliang Ma
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JOURNAL OPEN ACCESS

2023 Volume 2 Pages 2-8

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Abstract

To analyze the economy and predict future developments, foreign exchange movements are considered necessary. To analyze foreign exchange movements, economic indicators, which are used to judge monetary policy and business conditions, are considered necessary. Since 2000, the Australian dollar has gained attention as a resource-rich currency and a high-interest currency. Fluctuations in the Australian dollar have a major impact on Australia’s export-dependent economy, as well as on countries that source resources and investors in the money. This paper looks at the impact of economic indicators in Australia, the US, and China on the exchange rate of the Australian dollar against the U.S. dollar. This article is of reference in Australian economic analysis.

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© 2023 Resources Economics Research Board

This article is licensed under a Creative Commons [Attribution 4.0 International] license.
https://creativecommons.org/licenses/by/4.0/
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