The Australian dollar has backed away from its four-month high as optimism about a resolution to the US budget crisis wanes.At 0700 AEDT on Wednesday, the local unit was trading at 95.11 US cents, down from 95.33 cents on Tuesday.
16/10/2013 - 06:37
$A falls as US debt deal hopes fade
16/10/2013 - 06:37
