THE Australian dollar has broken
past the US 81 cent mark, helped by weakness in the greenback which fell
to a four month low overnight.
At 0630 AEST on Thursday, the local unit was trading at 81.03 US cents, up from 79.77 US cents on Wednesday.
The US dollar index lost around 1.2 per cent overnight falling to a four-month low, Westpac strategist Imre Speizer said.
All the majors, and the Australian dollar, rose against the US dollar in response to weakness in the greenback, he said.
CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
One Australian dollar buys:
* 81.03 US cents, from 79.77 cents on Wednesday
* 96.57 Japanese yen, from 95.60 yen
* 71.40 euro cents, from 70.90 euro cents
At 0630 AEST on Thursday, the local unit was trading at 81.03 US cents, up from 79.77 US cents on Wednesday.
The US dollar index lost around 1.2 per cent overnight falling to a four-month low, Westpac strategist Imre Speizer said.
All the majors, and the Australian dollar, rose against the US dollar in response to weakness in the greenback, he said.
CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
One Australian dollar buys:
* 81.03 US cents, from 79.77 cents on Wednesday
* 96.57 Japanese yen, from 95.60 yen
* 71.40 euro cents, from 70.90 euro cents
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