Aussie is traded higher against Dollar ahead of Bernanke speach

Source: Bloomberg
© Scanpix/FP
The Australian Dollar was traded higher by 0.1% to 98.18 per U.S. cents in the of Sydney trading session on Tuesday. The pair holds the biggest increase in two months versus the greenback ahead Federal Reserve Chairman Ben Bernanke testimony in Congress tomorrow. Investors speculate that U.S. policy makers might reduce bond purchases.

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