Australian Dollar Climbs Amid Risk Appetite

04:23, 18th December 2014

(RTTNews) - The Australian dollar advanced against its major opponents in European deals on Thursday, as European markets advanced after Swiss National Bank's stimulus measures and on Fed's commitment to start tightening by next year.

The aussie climbed to 0.8198 against the greenback and 0.9520 against the kiwi, from an early low of 0.8115 and a 1-week low of 0.9440, respectively.

The aussie edged up to 1.0582 against the NZ dollar, from 1.0522 hit at yesterday's close.

The aussie also approached a 3-day high of 97.18 against yen and a 6-day high of 1.5023 against the euro.

The next possible upside target for the aussie is seen around 100.00 against the yen, 0.825 against the greenback, 0.965 against the loonie, 1.065 against the kiwi and 1.49 against the euro.