FXstreet.com (London) - The Aussie dollar still teeters close to two month highs currently quoting at 0.9156. High yield in Australia makes the currency attractive to investors when risk appetite is up. Players are currently in a mood of muted risk appetite as US data is due shortly today and Chinese data today disappointed.
Disappointing employment data out of US didnt hurt the currency too much, countered by the better-than-expected run of data the last few months, according to Forex.com; "The data was taken in stride however as forecasts have been beaten over the past five months by the G10 leading economy, keeping the AUD/USD choppy between 0.9115 and 0.9155."
