, having touched a five-week high of $0.6724 overnight.
That comes as Australia’s second largest city, Melbourne, re-opens after months of lockdown have driven new cases down into single figures and left the entire country open for business. “Bottom-line is that Australia should continue to outperform most other major OECD economies in recovering.”
wow
Sounds totally positive, until you realize it impacts exports. And we all know what that implies.
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