AUD Monthly September 2020

AUD Monthly September 2020

October 1, 2020

The AUD opened September trading at a two-year high against the USD, with the currency buoyed by the positive sentiment that fuelled the ongoing run-up on global equity markets. The Aussie soon weakened, however, as sentiment took a turn for the worse, the Aussie bond yield advantage to the US narrowed and iron ore prices slipped over the second half of the month.

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