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Australian dollar climbs to 15-month high, as Nasdaq technology stocks decline – ABC News

Australian shares are expected to fall from their four-month high in early trade, while the local currency jumps above 71.3 US cents, and Wall Street ends its day with mixed results.

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Australian shares are headed for a sharp fall in early trade, after scaling a four-month high yesterday.
Market snapshot at 7:30am (AEDT):

  • ASX SPI futures -1.1pc at 6,073 points, ASX 200 (Tuesday’s close) +2.6pc at 6,156
  • AUD: 71.3 US cents, 56.03 British pence, 61.83 Euro cents, 76.13 Japanese yen, 4.964 Chinese yuan, $NZ1.073
  • US: Dow Jones +0.6pc at 26,840, S&P 500 +0.2pc at 3,247, Nasdaq -0.8pc at 10,680
  • Europe: UK (FTSE): +0.1pc at 6,270, Germany (DAX) +1…

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