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Australian Dollar: The Australian Dollar opens at US91 cents after yesterday's release of September trade data hinted that official interest rates may need to be increased for third consecutive month in December. The trade deficit was smaller than expected at A$1.849 billion, however imports were up 5 per cent suggesting that domestic demand remains robust. During overnight trade the Aussie moved between a low of 0.9030 and a high of 0.9122 after central banks in Europe and the United Kingdom left their benchmark lending rates on hold at record lows (1.00 per cent and 0.50 per cent respectively). The local currency continues to be underpinned by the potential for widening interest rate differentials and strong commodity prices
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