The Australian dollar just charged through US77c

Janek Skarztnski/AFP/Getty Images

The Aussie dollar has pushed above US77 cents this morning amid continued weakness in the US dollar against major currencies.

It cut through the level to another three-month high after China’s PMI was slightly stronger than expected.

The Aussie has been rallying following a rise in global bond yields overnight. Australian 10-year bonds climbed by 10 basis points and at one point moved above 2.6%.

A short time ago, the Aussie was trading at US77.01 cents:

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.