The Australian dollar has risen almost two US cents on renewed optimism that Europe may avoid a recession.Bank of New Zealand currency strategist Mike Burrowes said there was an improvement in risk sentiment overnight, which helped lift the Australian dollar.
27/09/2011 - 06:46
$A higher as EU recession fears recede
27/09/2011 - 06:46
![](https://images.businessnews.com.au/images/bn2020/bubble-arrow-border.png)