Australian dollar rises
At 0635 AEST on Wednesday, the Australian dollar was worth 75.32 US cents, up from 75.25 US cents on Tuesday.
Westpac’s Imre Speizer said the local currency was being boosted by fading expectations of a US rate rise this month, but weighed on by softer commodity prices.
Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.