Australia’s Dollar Weakens From 12-Week High Versus U.S. Counterpart

The Australian dollar weakened from a 12-week high against its U.S. counterpart.

The so-called Aussie slid 0.3 percent to $1.0497 as of 1:47 p.m. in Sydney. It yesterday climbed as high as $1.0573, the strongest since Oct. 31. Australia’s currency lost 0.3 percent to 80.95 yen.

To contact the reporter on this story: Mariko Ishikawa in Tokyo at mishikawa9@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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