THE Australian dollar is softer against the greenback, which rallied despite weaker-than-expected US economic data.
At 0630 AEST on Friday, the currency was trading at 72.92 US cents, down from 73.01 cents on Thursday.
US gross domestic product expanded at an annual rate of 2.3 per cent in the April-June period, slightly below the consensus estimate of 2.5 per cent.
CURRENCY SNAPSHOT AT 0630 AEST ON FRIDAY
One Australian dollar buys:
* 72.92 US cents, from 73.01 cents on Thursday
* 90.53 Japanese yen, from 90.66 yen
* 66.71 euro cents, from 66.60 euro cents
At 0630 AEST on Friday, the currency was trading at 72.92 US cents, down from 73.01 cents on Thursday.
US gross domestic product expanded at an annual rate of 2.3 per cent in the April-June period, slightly below the consensus estimate of 2.5 per cent.
CURRENCY SNAPSHOT AT 0630 AEST ON FRIDAY
One Australian dollar buys:
* 72.92 US cents, from 73.01 cents on Thursday
* 90.53 Japanese yen, from 90.66 yen
* 66.71 euro cents, from 66.60 euro cents
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