TheAustralianPost.com

This morning Australian Dollar traded at 85.28 US cents. It has plunged about 2 US cents within 18 hours. However the Australian Dollar is still strong against the Euro compared to last year.

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Today, Australian dollar hit nearly three-months high. The dollar shot up to 72.30 US cents today, the highest since first week of January, as investors grew more hopeful about the state of the global economy. The dollar has since eased to 71.39 US cents in afternoon trade. This morning  there has been high hopes that [...]