Aussie Dollar Rocketing on Rates Hike

The Australian dollar rose versus most of the 16 main traded currencies as interest rates were once again raised in the country, making the Aussie currency one of the most attractive investment in foreign-exchange markets this year.
A day of high risk appetite which several optimistic news coming from Dubai and China helped the Australian dollar to gain further after the Reserve Bank of Australian raised interested rates for the third time in a row, adding attractiveness to the already alluring Australian currency.
AUD/USD traded at 0.9242 as of 18:12 GMT from a previous rate of 0.9153.

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