RTRS: Australian dlr hits 2-mth high vs U.S. dlr on China cut
(Reuters) - The Australian dollar rose to a two-month high against the U.S. dollar on Thursday while the euro also gained briefly after China cut benchmark interest rates.
The Aussie rose to $1.0325, its highest level since early May, before dipping back to $1.0300.
The euro rose briefly to around $1.2527 before quickly retracing gains to last trade down 0.1 percent at $1.2507.
The announcement came at the same time as the Bank of England said it was implementing further quantitative easing.
