Optimism around dollar

dollar161Australian shares look set to open higher despite European markets being down and Wall Street being closed for a public holiday.

In futures trading, the SPI200 futures contract was up 12 points, or 0.2 per cent, to 6,149 points at 0730 AEST, pointing to a higher open for the Australian stock market on Wednesday.

The Australian dollar is buying 73.84 US cents.

AAP

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