Australian Dollar drops after Reserve Bank Governor announces Aussie "Uncomfortably high"

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix AFP
The Aussie depreciated against its all 16 major peers, after RBA Governor Glenn Stevens announced, that the Australian Dollar is "uncomfortably high". The Australia's currency slid 0.4% versus the U.S. Dollar, after it strengthened 0.8% yesterday. The Aussie tumbled 0.6% against the Japanese Yen, having the largest drop among other counterparts. The Australian Dollar has advanced 4.7% in last three months, having the biggest gain among its nine major peers.
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