Markets > Currencies

Australian dollar hits 3-week high on Thursday

SYDNEY
2015-09-17 08:41

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The Australian dollar edged up in overnight trade on Thursday.

It hit 72 U.S. cents for the first time in three weeks, helped by a leap in global stocks and commodity prices. That was up from 71.59 U.S. cents on Wednesday.

This morning it peaked at 72.01 U.S. cents, its highest level since August 28.

National Australia Bank senior currency strategist Emma Lawson told AAP a rally in commodity prices and global stocks helped support the Australian dollar.

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