The AUD/USD records the highest level at 1.0715

By @ibtimes on

The Australian dollar has recorded a new multi decades high against its US dollar at 1.0715 during Wednesday session, as the investors' confidence in the markets has improved and they have a risk appetite. On the other hand the US stock markets rose sharply, where the Dow Jones ending at the highest level since 2008.

Moreover, the gold rose to the highest level to close above $1500 an ounce, supported the Australian dollar to increase versus its all majors along with the US home sales rose more than expected, increased the investors' confidence.

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