Aussie dollar nudges higher
The local unit has strengthened modestly, as fears around Donald Trump’s policies hurt the greenback.
The local unit has strengthened modestly, as fears around Donald Trump’s policies hurt the greenback.
The local unit was weaker in afternoon trade, as a resurgent greenback dominated the market.
The local unit has extended losses booked on the back of lower-than-expected inflation data.
A risk-on mood for the greenback is providing a tailwind to the Aussie.
The local unit has received a boost as investors move out of the US dollar ahead of Trump’s inauguration.
The local unit was above US75.5 cents in mid-afternoon, following the greenback’s fall on Trump’s comments.
The local unit held firm in mid-afternoon trade, despite global forex jitters sparked by Brexit talk.
The local unit extended gains in afternoon trade, firming as one of the best performing currencies right now.
The local unit was only modestly higher in late afternoon, despite Australia’s surprise trade surplus.
The Australian dollar closed the local session yesterday at US72.62, weighed down by the strength in the US dollar.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/25