Aust dollar hits US94c on Fed talk

The Australian dollar surged in overnight trade.

The Australian dollar has surged in overnight trade, building on recent momentum in its steady push towards US95c. The latest uptick in the currency was driven by news interest rate hikes in the US were not imminent.

At 7am (AEST), the local unit was trading at US93.91c, up sharply from US93.62c at the close of local trade yesterday.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles