A greenback drag on the US recovery

While Australian markets fixate on our dollar, the fickle movements of the greenback will have a much bigger impact on all of us.

There has been the usual hand-wringing in recent weeks about the impact of a sliding Australian dollar, but investors at home have yet to pay close attention to the flip side of that coin.

The reason the domestic currency has fallen in a heap – 7 per cent against the greenback in the past month – is mostly a function of the remarkable surge in the US dollar.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles