Sky News Business Reporter Edward Boyd says the Australian dollar was sold off sharply and fell to another "five-year low" today. The Australian dollar fell sharply overnight after the trade wars ...
The recent fall in the Australian dollar against the US dollar is more a matter of the US dollar being strong than the Australian dollar being weak.
About 5% of this is trades between the Australian and US dollars. The exchange rate fluctuates from day to day, indeed from minute to minute. Since it was floated in 1983, the Australia dollar has ...
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