The Aussie slides as Dollar continues to gain

Source: Reuters
© Scanpix/AFP
The Australian Dollar fell for the second day in the row; the Aussie showed a 0.9% decrease Tuesday, carrying on from the 1.0% fall on Monday; it cooled owing to the Greenback's strong climb as speculations arose that the Federal Reserve may raise the interest rate, and, furthermore, it is dampened by higher U.S. Treasury yields. The Aussie slid to $0.9188, which was lowest in five months, yet it managed to push up to $0.9210.

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