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Aussie dollar dives to two-month low amid interest rate fears

Australian dollar dives to two-month low as interest rate fears grip markets Mon 8 Jun 2026 at 4:28pm In short: The Australian dollar fell to its lowest level in over two months, just over 70 cents to the US dollar. The weakness stems from a renewed surge in the US dollar as global interest rates, including US interest rates, rise.

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