Current fx Quoted on Reserve Bank site: $0.7059US Reported about...

Current fx Quoted on Reserve Bank site: $0.7059US
Reported about an hour ago:
"The Australian dollar has fallen to its lowest level in two-and-a-half years, as America's economy strengthens and its interest rates continue to rise.
The dollar traded as low as 70.44 US cents, before recovering slightly to 70.6 cents (at 5:20pm AEST).
Meanwhile, the price of Australia's key exports, iron ore ($US69) and thermal coal ($US113), have remained "relatively high" despite an escalating US-China trade war.
ANZ senior economist Felicity Emmett believes this is a "good combination" for the local economy in the long-term due to increased demand for Australian exports".
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