The Australian dollar was a third of a US higher after US and European stocks made strong gains in overnight trade.
At 6.30am AEDT the local unit was trading at 102.73 US cents, up from 102.40 cents at yesterday’s local close.
Source:
http://www.theaustralian.com.au/business/markets/australian-dollar-gains-overnight/story-e6frg94o-1226592884727