The Australian dollar edged higher Monday following US stocks scored solid advance last Friday.
Last week, US stocks climbed and the S&P 500 recorded its largest gain since July, as traders mulled whether the Federal Reserve will raise interest rates this week.
The Aussie stood at 62.50 euro cents from Friday’s 62.59 euro cents, and 70.83 US cents from 70.61 US cents.
The material has been provided by InstaForex Company – www.instaforex.com