Money 29 Aug 17

Money 29 Aug 17

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.

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Source: traveldaily