AUD has been trending slightly higher against the US dollar the past month, due to increased investor confidence in the Aussie dollar. The Reserve Bank of Australia’s (RBA) recent decision to cut interest rates to a record-low of 0.75 per cent has helped to bolster the AUD against the USD, while the recent US-China trade tensions have also provided some support for the Aussie currency. The AUD/USD is currently trading at 0.6890, up from its low of 0.6793 at the start of the month.
In terms of security, the Australian government has been gradually increasing its security to protect against potential cyberattacks. This has included increased collaboration with the Five Eyes intelligence-sharing network, as well as other organisations such as Europol and Interpol. There has also been an increased focus on the security of critical infrastructure, including the power grid. The government has also been working to improve the cybersecurity of its banks and financial institutions, as well as other industries like healthcare. As a result, the outlook for the AUD remains fairly positive.