SKIP TO MAIN CONTENT

Aussie dollar strength sparks profit fears

A strong dollar is feeding concerns that we'll see profit warnings from Aussie companies as we head into reporting season, Ricardo Goncalves reports.

australian_dollar_rise_300311_B_AAP_151445948

1 min read

Published

Updated

By Ricardo Gonçalves

Source: SBS


Skip to article content

The Australian dollar spiked again today, but our strong currency is feeding concerns that we'll see further profit warnings from Australian companies as we head into profit reporting season.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world