News Column

Australian Dollar Climbs To Near 1-month High Against USdollar

June 12, 2014

CANBERA (Alliance News) - The Australian dollar strengthened against the US dollar in the early European session on Thursday.

Against the greenback, the aussie rose to 0.9412 for the first time since May 14. This may be compared to an early multi-day low of 0.9348. At yesterday's close, the aussie was trading at 0.9375.

If the aussie extends its uptrend, it is likely to find resistance around the 0.94 area.

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Source: Alliance News

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