Money

Travel Daily - - News -

WEL­COME to Money, TD’s Tue fea­ture on what the Aus­tralian dol­lar is do­ing.

$1AUD = US0.768

THE Aus­tralian dol­lar re­bounded on Fri af­ter drop­ping to three- month lows in a hor­ror week that saw the AUD/USD down 1.6%.

Wed’s weak in­fla­tion num­bers were the main driver of the dol­lar’s weak­ness.

Trade bal­ance and re­tail sales fig­ures on Thu and Fri will be the key mar­ket movers.

The dol­lar was weak against the NZ dol­lar drop­ping al­most a cent yes­ter­day, how­ever it is mak­ing a re­cov­ery this morn­ing.

AUD was stronger against the Cana­dian dol­lar as in­vestors are wary of to­mor­row’s eco­nomic data out of Canada.

Whole­sale rates this morn­ing.

US $0.768 UK £0.581 NZ $1.117 Euro €0.658 Ja­pan ¥86.92 Thai­land ß25.53 China ¥5.107 South Africa R10.804 Canada $0.986 Crude oil US$54.07

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