Aussie appreciates as investors increase demand for risky assets

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Source: Bloomberg
Australian Dollar, also called Aussie, rose 0.2% to $1.0435 at Sydney trading session on Tuesday. The Aussie strengthens against the major counterparts as stocks in Asia appreciate and boost demand for risky assets. Investors are more likely to buy risky assets as global economic situation shows recovery signs. Also, National Australia Banks confidence index increased from minus 9 to 3, according to report released on Monday.
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Tue, 29 Jan 2013 10:24:03 GMT

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Tue, 29 Jan 2013 09:59:04 GMT

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