According to currency analyst RBC Capital Markets, which began today, the strengthening of the Australian currency may continue until the end of the week. The bank believes that the main event for the Australian dollar likely will be the presentation of the Reserve Bank of Australia Governor Glenn Stevens before parliament, which will be held on Friday. As noted in the bank, head of the Central Bank comments are rarely moderate tone, and this should support the Australian dollar by the end of the week. Bank strategy notes that during the current session of the pair AUD / USD climbed from 0.8928 to level the field above 0.8960, breaking the mark 0.8925. The next resistance level at 0.9050 the pair will perform. At the moment pair AUD / USD is at around 0.8938.
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