The Aussie dollar has rallied to its highest level in almost three months after a rebound in German investor confidence lifted global markets. At 7am this morning, the currency was trading at US105.22 cents, up from US104.82c.
It reached a high of US105.33c overnight, its highest level since September 17, after a closely watched indicator of economic sentiment in Germany rose to 6.9 points, from minus 15.7 in November………………………………………..Full Article: Source