The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data.
At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at yesterday’s local close.
Source:
http://www.theaustralian.com.au/business/markets/german-investor-sentiment-data-boosts-australian-dollar/story-e6frg94o-1226581590915
