Aussie dollar slips to six-week low. THE Australian dollar has slipped to a six-week low against its US counterpart, before regaining some ground, as the US dollar has extended its recent gains.
Latest AUD market news, analysis and Australian Dollar trading forecast from leading DailyFX experts and research team. We use a range of cookies to give you the best possible browsing experience.
Feb 03, 2019 · The Australian dollar was lower by 0.2 percent at $0.7234 while the kiwi was marginally higher at $0.6901. The Aussie was hit after the release of weaker-than-expected building approvals data.
5 days ago · The Aussie dollar AUDUSD, -0.1535% has long been taunted by the ongoing trade spat between the U.S. and China because much of Australia’s Want news about Asia delivered to …
The Aussie dollar was lower by 0.2 percent at $0.7234 while kiwi dollar was marginally lower at $0.6895. which will most likely be news coming out of the ongoing U.S.-China trade negotiations
The Australian dollar’s fall from US$1.10 to the mid-70 US cent range was largely due to the end of the mining boom in 2012. Since then, the Aussie dollar has remained relatively strong. That’s due to Australia’s interest rates being marginally higher than other countries, and the perceived strength of the Australian economy.
The lack of interest rate increase was good news for the Aussie Dollar, as it allowed the AUD to remain competitive against the USD in the eyes of investors. It will be interesting to see how future decisions around the government shutdown will affect the value of the USD against our Aussie Dollar.