Monday, August 3, 2009

Australian dollar hits 10-month high vs U.S. dollar

http://www.newsobserver.com/content/media/2008/6/13/money.jpg

LONDON, Aug 3 (Reuters) - The Australian dollar rose broadly on Monday, hitting a 10-month high against the U.S. dollar as investors sought riskier assets.

The Australian dollar rose to $0.8400 AUD= D4, the highest since late September 2008. It was last up 0.5 percent on the day at $0.8393.

The Aussie also hit its highest against the yen since mid-June, rising to 79.71 yen AUDJPY=R. (Reporting by London markets team)

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