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AUD review

The Aussie dollar held firm at session highs against its U.S. counterpart, supported by global stock gains that pointed to improved investor appetite for higher-yielding assets. Under the surface though the Aussie remain…

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EconoTimes — Reading the Times. Understanding the Future.

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The Aussie dollar held firm at session highs against its U.S. counterpart, supported by global stock gains that pointed to improved investor appetite for higher-yielding assets. 

Under the surface though the Aussie remained on shaky footing after area central bank minutes Tuesday showed a wide open door to a rate cut from 2.25%. The central bank next meets on May 5. 

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