Aust dollar lifts in late trade

By AAP

Imports ../../../2014/09/aust-dollar-lifts-in-late-trade-17/outweighed_exports_by__1._359_billion_in_July__an_improvement_on_June.css's deficit of $1. 564 billion. "The Australian dollar remained resilient above the 93 US cent handle following the release of local retail sales and trade balance figures today," said FXCM market analyst David de Ferranti. "We have witnessed some broad based strength for the local unit over the past 24 hours as traders are likely more willing to hold the currency following the passing of several pieces of domestic event risk this week. "This has helped send the Australian dollar/NZ dollar roaring to a fresh 2014 high.

Read more here: Business Spectator

    

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