Aust dollar lifts in early trade

Local currency pushes higher after better-than-expected trade balance data.

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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