Bloomberg News

Aussie Dollar Pares Decline After Trade Data, Building Approvals

October 03, 2011

Oct. 4 (Bloomberg) -- The Australian dollar pared earlier declines against its U.S. counterpart after government reports showed building approvals and trade data exceeded analyst estimates.

The currency traded at 95.19 U.S. cents at 11.31 a.m. in Sydney from 95.27 cents yesterday in New York and 95.05 cents before the data. It fetched 72.93 yen from 73.01 yen yesterday.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


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