Australian Dollar Falls Below 60 US Cents, Share Market Slides After Trump Tariffs

The benchmark ASX 200 index of the top 200 companies in Australia fell 2 percent on April 9.
Australian Dollar Falls Below 60 US Cents, Share Market Slides After Trump Tariffs
In this photo illustration, Australian $50, $20, $10 and $5 banknotes and dollar coins are shown arranged for a photograph in Newcastle, Australia on March 25, 2025. Roni Bintang/Getty Images
Monica O’Shea
Updated:

The Australian stock market fell 2 percent on April 9 while the Australian dollar has dropped to less than US60 cents.

The benchmark S&P/ASX 200 index is down to 7,351.10 points at the time of writing.
Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]