Australian Dollar Up as traders speculate further rate rise
from MoneyTrading.com.au
The Australian dollar closed higher as risk appetite improved and traders continued to speculate about further interest rate rises in Australia and funding assistance for Greece.
At 1700 AEDT, the Australian dollar was trading at $US0.8686/91, up 0.25 per cent from Monday's close of $US0.8664/66.
From 0700 AEDT, the local unit traded between $US0.8615 and $US0.8704. At 1600 AEDT, the RBA's trade weighted index (TWI) was at 67.8 points, up from Monday's close of 67.7.
The Australian dollar closed higher as risk appetite improved and traders continued to speculate about further interest rate rises in Australia and funding assistance for Greece.
At 1700 AEDT, the Australian dollar was trading at $US0.8686/91, up 0.25 per cent from Monday's close of $US0.8664/66.
From 0700 AEDT, the local unit traded between $US0.8615 and $US0.8704. At 1600 AEDT, the RBA's trade weighted index (TWI) was at 67.8 points, up from Monday's close of 67.7.
posted by Money Trading at
7:06 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home