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The Australian dollar has hit a 5 year low

On Tuesday midday it was at 0.62, meaning one Australian dollar can be exchanged for 62 US cents.

Heading on an overseas holiday? The Australian dollar tumbles – but it’s not all bad news

The Australian dollar plummeted despite the fact that the Federal Reserve has recently cut rates three times.

Market Mantra: Worst week since October 2020 amid Ukraine crisis

A recent poll done by Reuters found that the RBA will raise interest rates for the first time in over a decade in the July-September quarter.

Market Mantra: ASX records third straight weekly gain on strong earnings

Gold recorded its best week in nine months as mounting tensions between Russia and the Western World over Ukraine lifted bullion’s safe-haven appeal.

Market Mantra: Shares market fall while Australian dollar rises on inflation concerns

Speculations of an interest rate rise due to rising worries, the upcoming RBA meeting on Melbourne Cup day will be particularly important.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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