Australian Dollar Has Risen Slightly!

Post by Sameena Farooq | Jan 04, 2019

The value of the Australian Dollar rises and falls comparatively to other currencies around the world.  

The Australian dollar has risen on Friday (today) and moved above the 70 US cents after the striking flash crash currency headlines dominated the currency headlines on Thursday.

On New Year's Eve, the news came out that the Australian stock market is rising. This has given extending gains from the previous gathering notwithstanding the different ideas from Wall Street on Friday.

When President Donald Trump tweeted about his "long and very good" call with Chinese President Xi Jinping, this made the investors feel positive about the easing of U.S.- China trade tensions.

Currently, the Aussie is buying 70.10 US cents from 69.42 US cents on Thursday.