The Australian dollar gained ground for a sixth straight session on Wednesday, egged on by an upbeat outlook for the country's resource exports, though soft domestic data tempered the rally. In late trade, one Aussie dollar bought $0.9301, up from $0.9259 here on Tuesday but off an early three-week peak of $0.9334.
A week ago it had been down as low as $0.9028. It was also up at 95.22 yen, from 94.78 late on Tuesday, but again could not hold a 95.88 peak. The highs came after reports that resource-hungry China was considering using a state-controlled company to buy a stake in BHP Billiton Ltd, Australia's largest mining group.