Australian Dollar set for second weekly advance in a row

Source: Bloomberg
© Scanpix/Reuters
The Aussie is headed for a second weekly advance in a row versus the U.S. Dollar on bets that the Fed will continue its monetary stimulus programme. The Australian currency strengthened 0.1% to 92.59 U.S. cents at 4:46 p.m. Sydney time and it is headed for a 1% weekly gains. New Zealand's currency traded at 80.77 U.S. cents after rising 1.9% on Thursday, its biggest daily climb in approximately a year.
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