Aussie gained as Westpac drops expectations on RBA rate cut

Note: This section contains information in English only.
Source: Bloomberg

Australia's currency appreciated versus all of its major counterparts, as Westpac renounced its predictions for further RBA yield cuts in 2014. The Aussie strengthened as much as 0.4% to 90.62 U.S. cents at 6:12 p.m. in Sydney from Friday trading session, after it dropped earlier 0.4%. The currency contracted 0.4% last week. The Australian Dollar advanced 0.6% to 92.05 yen, and gained 0.2% to NZ$1.06.

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