Aussie climbs on US weakness
THE Australian dollar edged higher against the US dollar, which fell along with the major US share markets.
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THE Australian dollar edged higher against the US dollar, which fell along with the major US share markets on worries over the stability of the Trump administration.
At 0630 AEST on Thursday, the local unit was worth 74.31 US cents, up slightly from 74.22 US cents late on Wednesday. It was a different story elsewhere, as the Australian dollar continued to fall against the yen and the euro.
CURRENCY SNAPSHOT AT 0630 AEST ON THURSDAY
One Australian dollar buys:
* 74.31 US cents, from 74.22 on Wednesday
* 82.47 Japanese yen, from 83.40 yen
* 66.59 euro cents, from 66.84 euro cents
(*Currency closes taken at 1700 AEST previous local session)
Originally published as Aussie climbs on US weakness
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