Aussie’s downward direction continues

Original article by Mark Mulligan
The Australian Financial Review – Page: 30 : 9-Jul-15

The Australian dollar was buying $US0.7411 late in trading on 8 July 2015, after falling to $US0.7398 in overnight trading. Factors such as the debt crisis in Greece and the Chinese sharemarket’s downturn have prompted renewed support for so-called "safe haven" currencies. This has been at the expense of commodity currencies such as the Australian, New Zealand and Canadian dollars.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, RESERVE BANK OF AUSTRALIA, BK ASSET MANAGEMENT

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