Australian dollar drifts below 94 US cents
THE Australian dollar has drifted back below 94 US cents following positive economic data out of the US.
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THE Australian dollar has drifted back below 94 US cents following positive economic data out of the US.
At 0630 AEST on Monday, the local currency was trading at 93.96 US cents, down from 94.15 cents on Friday.
US durable goods orders rebounded in June from a sharp fall in May, boosted by a jump in defence aircraft orders, official data showed.
Originally published as Australian dollar drifts below 94 US cents