National Australia Bank (NAB) is set to launch a stablecoin pegged against the Australian dollar (AUD) on Ethereum and Algorand, which will launch in mid-2023. NAB will become the second “Big 4” Austr...
Tag: AUD
Australians Lose More Than 242.5M AUD to Crypto and Ponzi Schemes
Scammers are known to pose as imposters and make very believable cases in front of their victims. According to Scamwatch’s newly released report, Australians have been on the receiving side of million...
iHeart, Audacy, Clear Channel Stocks Fall on Forecast of Ad Market Slowdown
Text size Stock in iHeart has lost about two-thirds of its value so far this year. Jason Kempin/Getty Images for Clear Channel The prospect of an imminent economic recession has triggered a rush to th...
USD’s Rally Against AUD and JPY to Continue This Week
The greenback has been doing well in the market lately against the AUD and JPY. The sudden market shifts caused by hawkish federal rate hikes have helped it carry the momentum on last week. In additio...
DGCX March Trading Show AUD Futures Spiked by +744.6%
The Dubai Gold & Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally,...
AUD Expected to Stay Bullish with Expectations of RBA Hikes
The Australian dollar has held on to a steady momentum in the last few weeks. It was triggered by the increasing commodity prices following the International crisis in Eastern Europe. Although the Res...
A$DC rocks the Aussie dollar as ANZ bank mints first AUD stablecoin
Big 4 bank ANZ has become the first Australian bank to mint an Australia dollar (AUD) pegged stablecoin named “A$DC.” But rival bank NAB also has its own stablecoin project which is expected to launch...
AUD Plunges Following Commodity Price Drops
The ongoing Russia-Ukraine conflict has caused a hike in the price of essential commodities like energy and agricultural products. Being one of the largest exporters of energy, Australia had much to p...
Ethereum AUD explained and where to buy Ethereum
The ETH/AUD trading pair has attracted a lot of investor interest today. The price of Ethereum has fallen by almost 14% in the past 7 days, but it has increased by 7% in the last 24 hours. In just the...
NZ and AUD Dollar Remain Flat While Commodity Gains
The week started a bit sluggish as the geopolitical concerns in Ukraine affected the market. The effects elevated as inflation widens its reaches, affecting New Zealand and Australian dollars. The AUD...
AUD Falls as RBA in No Rush to Hike Interest Rates
Tightening the economy appears to be a globally popular trend. This comes to light as markets everywhere struggle to control the rising inflation in their respective countries. The Reserve Bank of Aus...
Commodity Surge Help AUD and NZD Start a Rally
The week commenced with AUD and NZD trying to sustain a rally with the recent commodity surge. The Australian dollar cemented itself to 0.7131 dollars, securing a 0.7% growth overnight. Similarly, the...