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Aussie Dollar hits 8-month high at $0.6617 - trader reveals why China talks matter

Reading time: 2 min • Jul 24, 2025, 08:40 AM (UTC)

Key Points

  • Australian Dollar hits an eight-month high at $0.6617, while...

The Australian Dollar just casually strolled to its highest point in eight months, hitting $0.6617 against the greenback like it owns the place. Meanwhile, the US Dollar Index is having what can only be described as an existential crisis, slumping to 97.10 while everyone waits to see if America and China can stop their trade talk tango long enough to actually agree on something.

Here's the thing about currency markets - they're basically giant mood rings for entire economies. And right now, Australia's mood ring is glowing green thanks to some surprisingly cheerful economic data. The Judo Ban...

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