Mon, 22 Jul 2013 16:56:05 GMT
Aussie advances as Fed to continue QE
The Australian Dollar gained as any hopes of Federal Reserve curbing quantitative easing in the near future were dismissed. The Aussie climbed 0.3% to 91.99 cents at 6:13 p.m. Sydney time, after gaining 1.4% last week. It declined 0.3% to 92.01 versus the Yen. Australian 10-year bond yield dropped two basis points to 3.65%.