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:
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