Article 22D1G Australian dollar falls to five-month low as Trump rally continues

Australian dollar falls to five-month low as Trump rally continues

by
Martin Farrer
from Economics | The Guardian on (#22D1G)

The Aussie sank to US73.22c as traders pushed up the US dollar in the wake of the Republican's presidential victory

The Australian dollar has slid to its lowest level against its US counterpart since early June, as a rally in the greenback continued.
On Monday evening the local unit stood at US73.22c, down from US73.89c on Friday.

Related: Donald Trump's economic policies could go badly wrong - but not soon enough

$AUD continues to decline against the Greenback, fetching 73.27 US cents #FX #Bloomberg #currency pic.twitter.com/qLOH0TeCVI

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