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The Australian dollar's rise as oil nears US$100
The Australian dollar's rise as oil nears US$100
Oil nears $US100 a barrel after attacks on Saudi infrastructure, raising inflation fears and the Australian dollar.<br /><br />Ricardo Gonçalves examines the forces pushing oil prices higher and what they could mean for motorists, with Betashares Senior Investment Strategist Cameron Gleeson. They also unpack the Australian sharemarket’s six-week low, changing interest rate forecasts and the Australian dollar’s rise against major currencies.