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Barchart
Barchart
Andrew Hecht

Why is the Australian Dollar Rallying?

Australia is a federal parliamentary democracy and a constitutional monarch, combining features of the British and U.S. political systems. Geographically, Australia is the only country on Earth that covers an entire continent, and it is the flattest and lowest continental landmass on our planet. Australia has no land borders, as it is separated from Asia by the Arafura and Timor seas, and from New Zealand by the Tasman Sea. 

Meanwhile, Australia possesses substantial reserves of major mineral and energy commodities, including gold, iron ore, lead, rutile, uranium, vanadium, zinc, and zircon. Australia is a massive exporter of energy commodities, including coal, natural gas, and liquid fuels. 

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