Aussie climb as RBA reduces probability for further rate cut

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Australian Dollar appreciated on Friday ending week higher as RBA governor Glen Stevens claimed  the current monetary policy is appropriate lessened investor expectation for further key benchmark rate cut in short term. Aussie gained 0.3% against US Dollar to USD 1.0745 and strengthened 0.7% to Japanese Yen, attaining JPY 86.30. Kiwi climbed 0.3% against is US peer to USD 0.8387. Currently AUD/USD is trading at USD 1.0713 and NZD/USD is trading at USD 0.8372.
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