Australian dollar up

The Australian dollar has risen Thursday, buying 69.88 US cents from 69.75 US cents on Wednesday. Yesterday, the local currency only slightly changed from Tuesday, buying 69.61 US cents from 69.60 US cents.

Monday, the Aussie was on track for a sixth straight session of gains against a US dollar weakened by expectations for an aggressive cut in interest rates by the Federal Reserve next month.

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