Wed, 06 Aug 2014 09:48:13 GMT
AUD/USD climbs, but growth limited
The Australian Dollar
appreciated versus its U.S. peer on Wednesday, though growth is
expected to remain restricted, following U.S. economic reports released on Tuesday that secure attractiveness of the Greenback. AUD/USD
reached 0.9343 yesterday afternoon, consolidating at 0.9315. The
Aussie came under pressure yesterday, following the RBA decision to
keep interest rate on the record low 2.5%.