Aust dollar, bonds both stronger to noon =2 Sydney
National Australia Bank currency strategist Michael Jansen said the Australia dollarheld above 51 US cents for a short period this morning, in quiet trading conditions.
"There's not much happening right now because this is the start of the trading week,"
Mr Jansen said.
He said the dollar was pushed higher on the back of strong trading in the second halfof last week.
"It's formed a base around the $US0.5060 area. It's gradually inched higher," he said.
"I think as Europeans come on stream in our trade timezone, around four o'clock (AEDT)there'll be a …
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