Australian Dollar jumps on RBA minutes ahead of Bernanke speech

Note: This section contains information in English only.
Source: Bloomberg
The Aussie inched up versus its 16 most-traded counterparts as officials announced in the latest meeting minutes that the inflation prospects are being influenced by recent currency drops. The Australian Dollar climbed 0.6% to 91.56 against U.S. currency and advanced 0.5% to 91.34 versus the Japanese Yen. New Zealand's currency jumped 0.2% to 78.20 against U.S. Dollar.
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Tue, 16 Jul 2013 07:28:08 GMT

Gold declines amid market speculation on Fed stimulus

Gold plummeted on Tuesday following green figures on Monday as investors nervously expect the Federal Reserve Chairman Ben Bernanke's testimony ahead of a congressional committee tomorrow that may provide signs to the markets regarding U.S. asset-buying programme. Gold futures declined 0.30% to $1,279.50 per ounce.

Mon, 15 Jul 2013 19:51:05 GMT

Australian Dollar gains before Reserve Bank of Australia minutes

The Australian Dollar advanced versus the greenback from its almost three-year low on Friday which occurred after Bernanke's comments to continue stimulus. The Aussie appreciated 0.55% to $0.9092 at 11.31 a.m. EDT just before the RBA is set to publish minutes from the bank's most recent monetary policy meeting at 1:30 a.m. GMT.

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