Aussie gains on weaker greenback before Fed minutes

Source: WBP Online
The Australian Dollar advanced 0.22% versus the U.S. counterpart, trading at $0.9397 at 6:59 am GMT time, the strongest level since November 8, ahead of tomorrow's Fed meeting minutes, which will clarify whether the central bank will continue its assets purchase programme or reduce it sooner than expected on U.S. economic outlook. Nevertheless the RBA said that the Australian Dollar rate is uncomfortably high for balanced economic growth.

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