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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