The Australian dollar has risen Tuesday, buying 71.24 US cents from 70.99 US cents on Monday.

The local currency was at 71.07 US cents Monday morning, dropping from 71.25 US cents on Friday.

On Friday morning, the dollar was at 71.11 US cents from 71.16 US cents on Thursday.

On Thursday, it has edged higher as signs of progress in the Sino-US trade dispute supported risk assets and commodity prices.

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