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Aust dollar lifts in early trade

Local currency pushes higher after better-than-expected trade balance data.
By · 7 Nov 2013
By ·
7 Nov 2013
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The Australian dollar is higher, boosted by recent positive economic data.

At 0630 AEDT, the local unit was trading at 95.24 US cents, up from 95.18 cents on Wednesday.

Better-than-expected data from the Australian Bureau of Statistics on Wednesday showed Australia's trade deficit narrowed to $284 million in September, from $693 million in August.

On Monday, retail trade and capital city house price figures also came in strong while building approvals last week beat expectations.

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