Imagine the Australian dollar (Aussie) as a team in a game. Recently, many investors thought the Aussie would lose value, but they were wrong! The Aussie has been doing surprisingly well.
- The Aussie is getting stronger against the US dollar.
- Investors who bet against the Aussie might lose money.
- A big reason is that worries about trade wars are lessening.
| Fact | Number |
|---|---|
| Aussie's increase this year | 2.7% |
| Highest Aussie value recently | 63.52 US cents |
| Possible future high | 64.50 US cents |
The Aussie's success is a surprise to some investors! If an important Australian bank keeps interest rates the same, the Aussie might get even stronger.
