Australian Dollar Remains Supported By Interest Rate Expectations (Daily FX)
Posted on September 18, 2009 at 7:16 pm in Forex
The Australian dollar set a fresh yearly high of 0.8778 against the greenback during the past week before the release of the RBA minutes tempered interest rate expectations. Policy makers stated that “members were conscious of the need to balance the task of controlling inflation over the medium term with that of supporting economic recovery.”
More: continued here
