Aussie rises as Fed is forecast to continue stimulus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
The Australian currency advanced against the majority of its most-traded counterparts on Monday before the U.S. Federal Reserve begins its policy-setting meeting expected to signal further bond purchases in order to boost the economy. The so-called Aussie rose 0.2% to 96.06 U.S. cents by 5:09 p.m. Sydney time following a 1% drop recorded last week.

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