Aussie dollar smashes through US98c – trades at US$0.9845

By David Olsen · 7 October 2010 · Cashflow

Aussie dollar surges to historic high

The Australian dollar has made a stunning breakthrough, but what does it mean for your investments? Find out why this sudden shift could be a game-changer for cashflow.

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Summary

The Australian dollar has broken US98c, trading at US$0.9845 after the Australian Bureau of Statistics revealed strong employment numbers for the month of September this morning.

Tags: ABS, Aussie Dollar, Australian Dollar, China, Currency, Growth | Import | Export, Japan, Trade