WELCOME to Money, TD’s Tue feature on what the Australian dollar is doing.
Yesterday the Australian dollar was dancing to three-week highs, today not so much, with North Korea bursting the Aussie’s bubble after it launched a missile over Japan.
The dollar was down 1.2% against the Japanese Yen this morning as a result.
There was also a 0.6% drop against the US dollar and Euro, while it lost 0.3% in gains in New Zealand’s dollar.
It was not all bad news for the Australian dollar overnight as it began to recover against the South African rand after a drop on Fri night.
Wholesale rates this morning.