Australian dollar falls

dollar15The Australian dollar has fallen overnight, buying 73.52 US cents, down from 73.65 US cents on Monday.

Yesterday, the local currency has touched a multi-month peak in a knee jerk reaction to a pause in the Sino-US trade dispute, though there was plenty of caution about the prospects of a lasting peace.

The Aussie dollar was up 0.6 per cent at US$0.7360, having sprung to a four-month top of US$0.7384 in early trade.

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