As the third quarter of 2024 comes to a close, the US dollar is experiencing a mixed performance, with its value holding steady against a basket of major currencies. Meanwhile, the Australian dollar, often seen as a bellwether for the Chinese economy, is bucking the trend, surging to its highest point since February 2023, reaching a notable $0.6940. In contrast, the Japanese yen is struggling to gain traction, weighed down by concerns over the country’s sluggish economic growth.
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