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.
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Livewire Markets on MSNThe Australian dollar is near five-year lows and these 4 ASX sectors stand to benefitHowever, the data also weighed on the already struggling Australian dollar, pushing it closer to a five-year low. Since ...
The weaker Australian dollar is welcome news for businesses that export to countries like the US, but the lower currency can be a drain on travellers' budgets and hit import businesses.
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