Currency Note Worldwide

The Australian dollar on the right track… for now

By Ricky Bean October 6th, 2015

The Australian dollar took more steps in the right direction yesterday, gaining strength against both its US counterpart and sterling. The Antipodean currency has experienced a large turnaround in its fortunes throughout 2015, and investors will be hoping that data released this morning could bolster a further comeback.

And this was the case as the Australian dollar continued to strengthen against sterling and the US dollar as the Australian Reserve Bank kept their interest rate at 2% with the view that the Australian economy was moving forward.

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