THE Australian dollar rose above 105.5 US cents in offshore trading.
At 6.30am AEST the Australian dollar was trading at 105.42 US cents, up from yesterday's local close of 105.09 US cents.
During the overnight session, the local currency moved between a low of 105.09 US cents and a high of 105.51 US cents.
In economic news today the Australian Bureau of Statistics will publish jobs figures for March.
Economists expected the nation to have lost 7500 jobs in the month, with unemployment to remain steady at 5.4 per cent
Source:
http://www.theaustralian.com.au/business/markets/australian-dollar-holds-above-105-us-cents/story-e6frg94o-1226617863556
