Source: ForexYard
The Australian dollar dropped to its lowest point in six months against the USD as investor uncertainty is still palpable throughout the market. There was a brief reprieve for the euro’s three week decline against the greenback but other riskier currencies have continued to decline. As of this morning the AUD was trading at $1.0568 against the USD, marking a six month low for the Australian dollar. The kiwi has been hovering around $0.8175 against the greenback, sticking to an overall downward trend that began last week.
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