Thursday, 23 July 2015

Australian dollar lower as greenback retraces losses

THE Australian dollar is lower against a greenback that has rebounded amid a lack of major economic news. 
Overnight, the US dollar partly retraced losses from the previous day.

At 0630 AEST on Thursday, the local currency was trading at 73.76 US cents, down from 74.17 cents on Wednesday.

Overnight, the US dollar partly retraced losses from the previous day, causing the Aussie to slide to an overnight low of 73.61 US cents.

CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
 
One Australian dollar buys:

* 73.76 US cents, from 74.17 cents on Wednesday

* 91.44 Japanese yen, from 91.75 yen

* 67.54 euro cents, from 67.70 euro cents

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