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RBA's Kent: Lower AUD to aid Australian economy

FXStreet (Bali) - Christopher Kent, Assistant Governor (Economics) of the Reserve Bank of Australia just crossed the wires saying that a lower Australian dollar will aid a faster return to trend growth.

Additional comments included that the lower AUD will add a little to inflation, which he outlined to be higher than though in November, although Kent admitted it was consistent with target.

AUD/USD resilient on the 0.89 handle

AUD/USD is taking a breather sub the 0.90 handle after climbing back ground from the lows of with a drift high throughout Europe and NY.
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AUD/NZD stabilizes after sharp decline

The AUD/NZD finished at the lowest level since January 30 at 1.0750/60, with a 85-pips loss affected by a disappointing jobs report in Australia.
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