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Aussie dollar ticks back above 76 U.S. cents

SYDNEY

2020-12-30 08:07

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SYDNEY, Dec. 30 (Xinhua) -- The Australian dollar strengthened against the greenback on Wednesday after progress in stimulus efforts saw U.S. dollar ease.

At 07:00 (AEST), the local unit was buying 76.12 U.S. cents, up from 75.78 U.S. cents on Tuesday.

"Progress on additional U.S. stimulus remained supportive of the upbeat market mood, which, in turn, undermined the greenback's relative safe-haven status," FXStreet Financial Markets Analyst Haresh Menghani said.

At 09:30 (AEST), the local unit was buying 76.11 U.S. cents.

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Aussie dollar ticks back above 76 U.S. cents

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Aussie dollar ticks back above 76 U.S. cents

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