NewsCase StudiesEvents

Aussie Dollar Finally Sees Plateau

Also in the news...

UAE and UK conclude bilateral visit to strengthen partnership against illicit finance

Joint statement on strengthening UK-United Arab Emirates (UAE) partnership against illicit finance following a bilateral visit.

Strategic Partnership UK-Moldova , Trade and Cooperation Agreement

Documents containing treaty information and a summary of the UK-Moldova trade agreement.

Create a goods movement reference

Get a goods movement reference to move goods through locations which use the Goods Vehicle Movement Service.

Israel export control licensing data: 31 July 2025

Export control licensing management information for Israel

Trade and services regulations in Luxembourg

If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:

Aussie Dollar Finally Sees Plateau

Back to News

The cent has been expected to fulfil speculation made by regional and international equity markets for some time now.

A currency bucking the recessional trend is the Australian dollar, which finally levelled out today, closing just half-a-cent higher than its America counterpart. However, this came as no surprise. The cent has been expected to fulfil speculation made by regional and international equity markets for some time now.The Australian dollar closed on a trading positive of 65.20 US cents, which was a rise of 48 cents from Thursday.

The Oz Forex manager, Jim Vrondas, had this to say: The market was a bit disappointed with how we finished here, obviously, with our (stock) market being up three per cent, and the Aussie hasn't really followed through with it. But weve had a very good run up already, especially in the last couple of days and it's only natural that in this environment the Aussie would plateau at some point.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.