Aussie trades near 2-month high on U.S. budget deal optimism

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian Dollar approached the highest level in two months as equities recovered globally amid speculation the U.S. will prevent the fiscal cliff, spurring demand for risky assets. The Aussie traded at $1.0472 at 4:52 p.m. in Sydney from yesterday, when the currency rose 0.3%. It fetched $1.0490 on November 27, the strongest level since September 21. The Aussie was set for a 0.9 % advance this month. 
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