Australian Dollar falls after RBA Governor speaks

Source: WBP Online
© Scanpix/Reuters
The Australian currency dropped as the Reserve Bank of Australian Governor Stevens said that the inflation level still allows lowering the interest rates. The Aussie slid 1.34% to $0.9081 versus the U.S. counterpart at 5:32 a.m. GMT and it reached the lowest level in two months after the RBA's Governor spoke. The Australian Dollar depreciated 1.39% to A$1.4607 versus the Eurozone's currency.
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