Aussie reaches its highest in three weeks as investment exceeds expectations

Source: Bloomberg
© Scanpix/AFP
The Australian Dollar climbed to a three-week high as capital expenditure showed an improving outlook for the economy by increasing 1.1% last quarter. With the Aussie rising 0.2% against the US Dollar and the pair trading at 93.57 overall for the month the AUD/USD pair has gained 0.6%. Meanwhile, the Euro also gained against the US Dollar and was trading at 1.3210.

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