The Australian dollar touched a one-month high of $0.9016, getting a boost after a survey showed that Australian business conditions rose to its highest in nearly three years in January.
The Aussie dollar last fetched $0.9004, up 0.6 percent from late U.S. trade on Monday.
There was probably some stop-loss buying at levels above $0.9000 that added to the Aussie dollar’s earlier rise, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
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