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The Australian Dollar is trading higher early Wednesday, encouraged by a slight increase in demand for riskier assets. The Aussie is being supported despite somewhat dovish comments from a Reserve Bank of Australia (RBA) official and a report showing a weak economic outlook.
At 09:20 GMT, the AUD/USD is trading .7315, up 0.0043 or +0.59%. The Invesco CurrencyShares Australian Dollar Trust ETF (FXA) settled at $72.12, down $0.48 or -0.66%.
Australia Central Bank Sees Risks from Ukraine, Still P...
>>> Read more: RBAâs Lowe Calls for Patience as Commodity Prices Surge
At 09:20 GMT, the AUD/USD is trading .7315, up 0.0043 or +0.59%. The Invesco CurrencyShares Australian Dollar Trust ETF (FXA) settled at $72.12, down $0.48 or -0.66%.
Australia Central Bank Sees Risks from Ukraine, Still P...
>>> Read more: RBAâs Lowe Calls for Patience as Commodity Prices Surge
