Trump’s higher tariffs and any resulting weakness in China would keep the Aussie under pressure, economists warn
- Get our breaking news email, free app or daily news podcast
The Australian dollar has had a rocky start to the year, dropping below 62 US cents on Wednesday and hitting a low of 61.84 US cents on Thursday morning. Although it has recovered slightly in early trade on Friday, it has been on a steady downward trajectory since 30 September last year, when it bought 69.32 US cents. But Thursday was the first time it has been below 62 US cents since 2022.
So what does this mean for interest rates, travel and Australia’s economy in the coming year?
