AAP General News (Australia)
08-20-2004
Aust dollar jumps more than one US cent this morning
The Australian dollar has jumped overnight to be trading more than one US cent higher
this morning.
At 6.35am (AEST) the local currency was trading at 72.57 US cents, compared to 71.55
at yesterday's close.
The Australian dollar has found strong support in the London session which continued
into the US open -- buoyed by a weaker US dollar, strong flows, and talk of a $1 billion
three-year corporate issuance.
Offshore, the Australian dollar traded between a high of 72.63 US cents and a low of 71.42.
AAP RTV lm
KEYWORD: DOLLAR (SYDNEY)
2004 AAP Information Services Pty Limited (AAP) or its Licensors.
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