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The Australian dollar has fallen to its lowest level against the greenback since the height of the pandemic. Lower commodity prices and expectations the Reserve Bank will need to aggressively cut ...
So, the sharp recovery in the AUD could be a sign of tariffs-led sell-off reaching climax. That said, bottom fishing in a falling market is akin to catching a falling knife, a risky strategy.
The Australian dollar has been dragged back to its lowest levels since the pandemic as tariff fears grip global financial markets. On Wednesday morning, the Aussie dollar dipped as low as 59.15 US ...