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2012.10.1619:36:00UTC+00Aussie Rises To New Mutli-week Highs Against Most Majors

The Australian currency spiked up further against most major rivals during early Asian trading on Wednesday.

The Aussie rose to new multi-week highs of 1.0310 against the US dollar, 81.34 versus the Japanese yen and 1.0172 against the Canadian dollar at about 5:55 pm ET, compared to yesterday's closing values of 1.0278, 81.09 and 1.0142, respectively. Presently, the Aussie is worth 1.0157 against the loonie, 1.0295 versus the greenback and 81.19 versus the yen.

Australia will see the August results of the Westpac leading index in the upcoming hours. In July, the index was up 0.4 percent on month.

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