Aussie rises against counterparts as Fed damps tapering concerns

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\AFP
The Australian currency advanced against most of its 16 major counterparts as expectations of tapering the Federal Reserve stimulus were curbed, boosting demand for higher-yielding bonds. The Aussie increased 0.5% to 92.19 against the U.S. currency and declined 0.1% to 92.21 versus the Yen. The New Zealand Dollar jumped 0.1% to 79.32 versus the greenback and fell 0.5% to 79.33 against the Yen.
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