World

Aussie dollar flat after brief confidence rally

Xinhua News,SYDNEY
2020-11-12 08:08

Already collect

SYDNEY, Nov. 12 (Xinhua) -- The Australian dollar was close to flat against the greenback on Thursday, briefly edging above 73 U.S. cents on positive consumer data.

At 07:00 (AEST), the Australian dollar was buying 72.78 U.S. cents, up from 72.76 U.S. cents on Wednesday.

November figures showed a 2.5 percent jump in consumer sentiment, which helped Aussie equities reach multi-month highs and briefly boosted the local currency.

The Aussie ticked up to 73.18 U.S. cents, however as the defensive U.S. dollar rose, the local unit eased back down to around the previous morning levels.

At 09:30 (AEST), the Aussie dollar was buying 72.78 U.S. cents.
Add comments

Latest comments

Latest News
News Most Viewed