FXstreet.com (Sydney) - The Kiwi gained against the Aussie and the pair is currently trading at 1.2490. The pair is down 1.68% after opening at 1.2511.

While the Aussie rose sharply against most currencies early in the local session, some profit taking may ensue. The dollar rose against a weak USD and was boosted by RBA comments that signalled a possibility of further interest rate rises in Australia, though it remains unclear if this will occur in December or early in 2010.

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