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Australian dollar reaches near 6-month high, gives travellers confidence

July 13, 2024
Source: perthnow.com.au perthnow.com.au
News Snapshot:
The Aussie dollar has hit a six-month high, giving travellers the confidence to head overseas to spend their hard-earned cash. The Australian dollar reached more than 67 US cents for the first time since early January this month. Capital.com senior financial market analyst Kyle Rodda said the positive swing was down to two major factors: the US economy and the Reserve Bank of Australia. Mr Rodda said there were “signs” the US Federal Reserve would have the ability to lower interests rates relatively soon. Camera Icon It’s good news for Aussies wanting to travel overseas. Credit: Supplied “The markets are...
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China Tech Buzz Topics: ASIA | Asia Pacific | Australia | bank | book | camera | capital | cash | Chinese | credit | currency | data | digital | Dollar | Economy | Europe | finance | financial | foreign exchange | Heading | holiday | hotel | inflation | insurance | international

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