Australian dollar rallies but Coronavirus and economy will dictate its direction | AMP Capital
Australian dollar rallies but Coronavirus and economy will dictate its direction The rise of the Australian dollar has been a notable feature of fast-changing markets over the past few months. Since the currency hit a low of US55 cents in March, the peak of the coronavirus crisis, it has rallied more than 20 per cent. It is no coincidence the Aussie dollar’s low in March correlated with the weakest point for share markets and its …