Australian Dollar Climbs Amid Risk Appetite
December 18 2014 - 4:23AM
RTTF2
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.
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