Australian dollar soars on US Fed stimulus news

The Age – The Australian dollar has soared past 95 US cents, its highest level in three months, surging more than 1.5 US cents after the Federal Reserve surprised financial markets by keeping its stimulus program unchanged. The Australian dollar had risen to 95.28 US cents by 6.30am, from about 93.7 US cents about 4am – the time at which the US Federal Open Markets Committee statement was released. Read Article

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