Australian dollar strengthens on surging iron ore prices & greenback weakness ...News

Russia Today - Economy
Australian dollar strengthens on surging iron ore prices & greenback weakness
source : Russia Today ( News ) () 10
The Australian currency continued to gain on the US dollar on Monday, hitting AUD 1.32 against the greenback and reaching the highest level since 2018. Over the year the Australian dollar has gained over seven percent against the greenback. The US dollar has lost nearly 6 percent this year against major global currencies, with the dollar index starting this week down 0.3 percent. Also on rt.com Economic decoupling from China ‘act of national self-sabotage’ – Australian MP The Australian dollar’s rally is believed to be driven by record prices for iron or

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