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Aussie dollar sinks below 73 U.S. cents

Xinhua News,SYDNEY

2020-11-20 08:04

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SYDNEY, Nov. 20 (Xinhua) -- The Australian dollar eased against the greenback on Friday, briefly edging towards 72.50 U.S. cents before partially recovering.

At 07:00 (AEST), the Australian dollar was buying 72.90 U.S. cents, down from 73.22 U.S. cents on Thursday.

"European equities closed lower and U.S. stocks opened on a soft note but steadily recovered over the NY session. This helped drag risk-sensitive currencies back up," Westpac Bank economists said in a morning note.

At 09:30 (AEST), the local unit was buying 72.77 U.S. cents.

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Aussie dollar sinks below 73 U.S. cents

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Aussie dollar sinks below 73 U.S. cents

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