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FOREX - AUSTRALIAN DOLLAR STARTS STRONGER - MAY 13, 2008.

Publication: AsiaPulse News

Publication Date: 13-MAY-08
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COPYRIGHT 2008 Asia Pulse Pty Ltd

SYDNEY, May 13 Asia Pulse - The Australian dollar has opened stronger as investors regained an appetite for riskier assets such as high-yielding currencies and US equities.

At 0700 AEST, the Australian dollar was trading at $US0.9476 82, up from yesterday's close of 0.9379/84.

Overnight, the local unit traded between $US0.9355 and 0.9479.

Corporate dealer based in Toronto with online foreign exchange trader OzForex, John Corcoran, said the...

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