Dollar up from seven-week low
Published on: Monday, March 19, 2012
The Australian dollar dropped to a seven-week low on Thursday last week, but has since gained more than half a cent, thanks to increases in US equities late last week.
At 10am AEST this morning, the dollar was trading at 106.04 US cents. However, it is expected to fall following the release of Chinese housing data over the weekend.