Australian Dollar Back Around $0.69/USD – Close to Six Months High

  • Jun 03, 2020 AEST
  • Team Kalkine

Australian Dollar is hovering around the levels seen at the beginning of the year. A lot of factors are driving the AUD against USD.

  • March quarter GDP data reflects better than expected data.
  • Commodities like crude oil, iron ore and copper have recovered substantially.
  • The RBA has repeatedly denied the prospects of negative interest rates.
  • Trade surplus has been at the record levels.

Moreover, a risk-on sentiment is building in the markets as countries are embracing re-opening of economies gradually.


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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

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