Australian dollar traded slightly higher against its U.S. rival - TopicsExpress

Australian dollar traded slightly higher against its U.S. rival during Monday’s Asian session amid looming uncertainty over what the Federal Reserve’s timetable is for tapering of its quantitative easing program. Last week, the Aussie came under pressure after the Reserve Bank of Australia said earlier in the week that further rate cuts remain possible in the future. ikonmarkets/daily-reports/2013/08/26/

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