Aussie Gains Fifth Day as Rate-Cut Wagers Fall After RBA Meeting

Updated on
  • Reserve Bank says economy's `spare capacity' to continue
  • Australia's key rate kept at 2%, as forecast by economists

The Australian dollar strengthened for a fifth day versus its U.S. peer as traders pared bets that interest rates would be lowered this year by the central bank after it kept them unchanged at a record low of 2 percent on Tuesday.

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