The Australian dollar is one of the most volatile currencies in the world.
The AUDUSD moves an incredible 19% on average each year (since 1983, source Refinitiv).
A combination of relatively high interest rates, its exposure to commodities, and the importance of China conspire to see the Aussie move in a series of wild swings.
For any internationally focused business, the Aussie’s volatility can lead to great highs and traumatic lows in terms of cash flows and profitability.
This webinar with Steven Dooley, Currency Strategist - APAC for Western Union Business Solutions, looked at the major drivers in the Australian Dollars market and how businesses can use simple techniques to help manage their foreign exchange risks.
See what webinars we have planned in our Events Calendar.
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