Australian dollar inches higher on US dollar slumps

 Australian dollar inches higher on US dollar slumps

   The Australian dollar reached the 80 US cent mark on Friday, as the weakness of the US dollar continues after the Federal Reserve meeting. US central bank hinted an interest rate hike by the end of the year, indicating the economy is firm enough to handle it. The Aussie closed at 68.60 euro cents from Thursday's 68.20 euro cents, and 78.00 US cents from 77.39 US cents.

The Australian dollar reached the 80 US cent mark on Friday, as the weakness of the US dollar continues after the Federal Reserve meeting. US central bank hinted an interest rate hike by the end of the year, indicating the economy is firm enough to handle it. The Aussie closed at 68.60 euro cents from Thursday's 68.20 euro cents, and 78.00 US cents from 77.39 US cents.

Read more: http://www.mt5.com/ms/prime_news/fullview/5887-australian_dollar_inches_higher_on_us_dollar_slumps/

The Australian dollar reached the 80 US cent mark on Friday, as the weakness of the US dollar continues after the Federal Reserve meeting. US central bank hinted an interest rate hike by the end of the year, indicating the economy is firm enough to handle it. The Aussie closed at 68.60 euro cents from Thursday's 68.20 euro cents, and 78.00 US cents from 77.39 US cents.

Read more: http://www.mt5.com/ms/prime_news/fullview/5887-australian_dollar_inches_higher_on_us_dollar_slumps/

The Australian dollar reached the 80 US cent mark on Friday, as the weakness of the US dollar continues after the Federal Reserve meeting. US central bank hinted an interest rate hike by the end of the year, indicating the economy is firm enough to handle it. The Aussie closed at 68.60 euro cents from Thursday's 68.20 euro cents, and 78.00 US cents from 77.39 US cents.

Read more: http://www.mt5.com/ms/prime_news/fullview/5887-australian_dollar_inches_higher_on_us_dollar_slumps/