The Australian --- Page: online : 11 January 2008 Original article by Enda Curran
LexisNexis Summary
The Australian dollar was buying $US0.8830 on 10 January 2008, compared with $US0.8829 previously. The currency also strengthened against the Japanese yen, as investors responded positively to a modest fall in Australia's trade deficit in November 2007. Robert Rennie of Westpac believes that the Australian dollar will test the $US0.8789 level in the near-term, although Richard Grace of the Commonwealth Bank anticipates further gains for the currency.
