Australian Dollar Drops To Five Month Low – 20 November, 2017

Despite Australia’s success in fast full-time hiring of employees, the Australian Dollar dropped to a five month low on the heels of the central bank suggesting that interest rates will remain low. The Dollar fell by 0.1 percent to its weakest since June to 75.32 U.S. cents, settling at 75.41. 10-year treasury yields remain at 2.55 percent.