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AUD starts to rise comparing to the USD


The Australian dollar advanced versus the USD this morning in Asian hours after strong employment data.
Now, AUD/USD trades at $0.6777, which is an incline of $0.00304 or 0.45% from the previous close of 0.67473.
The daily range is from 0.6745 to 0.6790, while the trading volume is 161.059K.
One of the main reasons for the increased demand for AUD is the interest rate differential in the pairing.
This stimulated many investors and traders to earn rollover for being long AUD/USD, while trying to making margins from a massive bull trend.
The situation with the protest crisis in China resulted in greater opaque situation for the Australian economy and its currency.