The Australian dollar was more than half a US cent higher following gains on the New York stock market.
At 6.30am AEDT the currency was trading at 102.67 US cents, up from 102.18 cents at yesterday’s local close.
The Australian dollar gained ground early today as US stock markets moved into positive territory after initially opening lower.
Source:
http://www.theaustralian.com.au/business/markets/australian-dollar-gains-on-wall-st-rally/story-e6frg94o-1226595208097