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Australian dollar hits new four-month high

THE Australian dollar has extended its rally on the back of a weaker US dollar, trading at 93.86 US cents.

On Thursday morning, the Australian dollar was trading at 93.86 US cents.
On Thursday morning, the Australian dollar was trading at 93.86 US cents.

THE Australian dollar has extended its rally on the back of a weaker US dollar.

At 0630 AEST on Thursday, the Australian dollar was trading at 93.86 US cents, up from 93.62 cents on Wednesday.

The Australian dollar reached a peak of 94 US cents overnight, its highest level since November 19.

Original URL: https://www.news.com.au/finance/markets/australian-dollar-hits-new-fourmonth-high/news-story/a51ceaa9216f0e119133d0ad6ea30994