WOODSIDE ENERGY GROUP LTD(WDS.AU)

22.87+0.06+0.26%

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      Navigating the Turbulence: The Australian Dollar's Decline and Its Market Implications

      Forex - AUD/USD The Australian dollar (AUD) has recently experienced a sharp decline against the US dollar (USD), influenced by a confluence of economic indicators and global market dynamics. This analysis delves into the reasons behind this depreciation, its impact on the commodities market, its effects on the Australian stock market, forecasts for 2025, and recommended asset allocation strategies for Australian investors, including specific examples. AUD against USD Chart Reasons for the Sharp Decline of the AUD against USD: The AUD's decline can be attributed to several factors. Firstly, the ongoing economic slowdown in China, Australia's largest trading partner, has reduced demand for Australian exports, particularly commodities like iron ore. Secondly, the US dollar's strength, driven
      Navigating the Turbulence: The Australian Dollar's Decline and Its Market Implications
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    • Company Profile

      Company Name
      WOODSIDE ENERGY GROUP LTD
      Market
      ASX
      Establishment Date
      - -
      Employees
      - -
      Office Location
      - -
      Zip Code
      - -
      Phone
      - -
      Fax
      - -
      Introduction
      WOODSIDE ENERGY GROUP LTD engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Canada, Senegal, Greater Scarborough, and Myanmar projects. The company was founded in 1954 and is headquartered in Perth, Australia.
      • 1D
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      High
      23.10
      Open
      22.95
      Volume%
      0.69
      Low
      22.83
      Close
      22.81
      T/O Rate
      0.19%
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