Australian dollar approaches 6-month high, instilling confidence in travelers.

The Aussie dollar has reached a six-month high, giving travelers the confidence to spend their hard-earned cash overseas.

This month, the Australian dollar surpassed 67 US cents for the first time since early January.

Kyle Rodda, a senior financial market analyst at Capital.com, attributed the positive trend to two major factors: the US economy and the Reserve Bank of Australia.

Mr. Rodda noted that there were “signs” the US Federal Reserve might be able to lower interest rates relatively soon.