THE Australian dollar is slightly lower after a quiet night of trade on financial markets.
At 0630 AEST on Thursday, the local unit was trading at 78.89 US cents, down from 79.00 US cents on Thursday.
Economic data out of the United States proved slightly disappointing, with a measure of manufacturing activity falling to its weakest level since January 2014.
But most major currencies traded within narrow ranges overnight, Westpac strategist Imre Speizer said.
CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
One Australian dollar buys:
* 78.89 US cents, from 79.00 cents on Thursday
* 95.50 Japanese yen, from 95.63 yen
* 71.01 euro cents, from 71.17 euro cents
Economic data out of the United States proved slightly disappointing, with a measure of manufacturing activity falling to its weakest level since January 2014.
But most major currencies traded within narrow ranges overnight, Westpac strategist Imre Speizer said.
CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
One Australian dollar buys:
* 78.89 US cents, from 79.00 cents on Thursday
* 95.50 Japanese yen, from 95.63 yen
* 71.01 euro cents, from 71.17 euro cents
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