Really good potential trend beginning with the Aussie dollar dropping by about 2c against the USD overnight.
Apparently there is "some" chance of slightly higher interest rates in the USA towards the end of this year and that would (should) set the pendulum swinging back in favour of the USD and we can finally see the Aussie dollar dip possibly back below parity.
Not so good if you are looking to buy cheap imported goods, but outstanding news for Aussie miners.
If this trend does continue, it should see a much improved AGO share price.
aussie dollar
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