$A above parity on weak US dollar

Sydney : Australia | Jun 14, 2012 at 1:48 PM PDT

Source: The Age

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Friday, the Australian dollar was trading at 100.24 US cents, up from 99.48 cents on Thursday. The US currency fell overnight on data showing that initial jobless claims had risen, and inflation had declined, suggesting that the Federal Reserve Committee might take steps to boost growth through quantative... FULL ARTICLE AT The Age

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