Australian dollar rises

dollar 25The Australian dollar has risen against the greenback overnight, buying 72.19 US cents, up from 72.13 US cents on Wednesday.

The local currency has risen along with global equities as tentative signs of easing Sino-US trade tensions whetted risk appetite.

The Australian dollar climbed 0.2 per cent to 72.19 US cents on Wednesday, rising above a one-month trough of 71.70 touched earlier in the week.

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