FX – The Inside Adviser

Stay informed Sign up for our newsletter and be the first to know.

Brilliant Investment Thinking by Advisers for Advisers.

ASX

-0.70%

S&P

-2.64%

AUD

$0.70

Part of The Inside Network

Australian dollar weakens on global recession fears

October 20, 2022 by Lachlan Buur-Jensen

Powerful forces are spooking global economies and pushing investors into safe haven assets like US dollars and US treasuries, and in turn flattening the relative value of our domestic currency.