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View Full Version : Australian Dollar Gains as High-Yielding Bonds Lure Investors - Bloomberg



NewsWhore
10-24-2007, 09:30 PM
Australian Dollar Gains as High-Yielding Bonds Lure Investors (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaO6d3hsTp.CM%26refer%3Daustralia&cid=1122608327&ei=UeIfR6j4NJ6uoAK2p62lCw)
Bloomberg - 1 hour ago
``Yield demand is a big part of the currency's gains. Interest rates are moving in Australia's favor.'' The Australian dollar strengthened to 90.34 US cents ...



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