Aussies gets back as traders anticipate Fed speech

The Australian Dollar rebounded after it hit three-month low over negative Chinese manufacturing number, as currency traders move away from the U.S Dollar to its major peers. Experts estimate that the Fed governor's speech at Jackson Hole can potentially fuel the demand of Oz currency. However, some experts predict different a scenario for the Aussie in case Fed leans towards earlier interest rate increase. The Aussie gained 0.23% to $0.9323.