Previous Close | 0.6431 |
Open | 0.6431 |
Bid | 0.6435 |
Day's Range | 0.6422 - 0.6436 |
52 Week Range | 0.6176 - 0.7365 |
Ask | 0.6434 |
The AUD/USD’s downward journey is unlikely to last, Commerzbank said, as the Australian economy looks fairly resilient despite the rise in interest rates, and the labor market appears robust.
The Aussie dollar has bounced quite hard against the US dollar, breaking above the 0.64 level in early New York trading.
Investing.com-- Australian retail spending grew less than expected in August, barely expanding as consumers further cut back on spending amid continued pressure from historically high interest rates and sticky inflation.