WELCOME to Money, TD’s Tue feature on what the Australian dollar is doing.
AU$1 = US0.683
THE AUD-USD dollar has reached a new one-month high due to improvements in the US sharemarket, with the S&P 500 up 0.7% and the Nasdaq up 0.9%, but it has still failed to crack the key three-month high.
Meanwhile, AUD-JPY has climbed to the best level since 01 Aug - testament to increased market optimism since reports of a US-China trade deal earlier this month.
Wholesale rates this morning.