GIVEN that global markets
have remained quiet over the
holiday break, the Aussie dollar is
expected to be influenced by the
Chinese markets for the interim.
The AUD has remained largely
steady against most major
currencies, making its best gains
for Aussie tourists with the Euro,
GPB and New Zealand dollar.
On the flip side of the coin,
our currency has dipped slightly
against the US, slipping down to
Factors driving this change
have been due largely to the
release of some respectable
economic data coming out of the
United States overnight.
$1AUD = US0.784
South Africa R9.714
Crude oil US$67.92