Aussie rises against Greenback on post RBA's Lowe

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Source: FXstreet
The Australian Dollar was traded higher versus its US counterpart on Wednesday, following a speech from the RBA's deputy Philip Lowe, who said that the current low interest rates and the weak Aussie correspond to Australia's economic conditions. The AUD/USD added 0.43% to $0.7046 by 07:51 AM GMT. However, some of the gains were capped by a weak consumer data and risk-on sentiment playing in favour of the US Dollar.  
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