Fri, 16 Oct 2015 10:39:00 GMT
Aussie lower versus Greenback after RBA's review
The Australian Dollar dropped against its US counterpart on Friday, following the RBA's review of financial stability, which pointed to higher downside risks in domestic housing and mortgage markets. The AUD/USD pair slipped 0.4% to trade at $0.7295 by 07:20 AM GMT. Meanwhile, the latest economic data from Australia, including the jobs report, added to the rising speculations that the