Australian Dollar appreciates on Japan stimulus

Source: Bloomberg
© Scanpix/FP
The Australian Dollar, also called Aussie, increased to $1.0469 and appreciated against most of its major developed-market pairs in the end of Sydney trading session on Monday. The market was driven by speculations, that Japan will expand its monetary easing programme in order to boost economy. That would also support a demand for assets related with the global growth. Japan has plans for an extra budget, including 6 trillion Yen for public practice.
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