Risk aversion has hampered the Aussie dollar's chance at improving against the greenback, despite Wednesday's gains.
At the Asian market open, 07:00 (AEST), the Australian dollar was buying 71.92 U.S. cents, up from 71.78 U.S. cents on Wednesday.
The Aussie rose above 72 U.S. cents Wednesday on the back of a better than expected gross domestic profit report for Australia, but soon fell back below the mark as Asian markets fell under pressure.
"Major currencies were generally firmer against the U.S. dollar in U.S. and European trade compared with the Asian close," Commsec market analyst Craig James said.
At 09:30 (AEST), the local unit was buying 71.97 U.S. cents.
At the Asian market open, 07:00 (AEST), the Australian dollar was buying 71.92 U.S. cents, up from 71.78 U.S. cents on Wednesday.
The Aussie rose above 72 U.S. cents Wednesday on the back of a better than expected gross domestic profit report for Australia, but soon fell back below the mark as Asian markets fell under pressure.
"Major currencies were generally firmer against the U.S. dollar in U.S. and European trade compared with the Asian close," Commsec market analyst Craig James said.
At 09:30 (AEST), the local unit was buying 71.97 U.S. cents.
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