News Headline Summary

Australian treasury Swan says Australian economic fundamentals are strong

Says:

- Australia still has tight fiscal policy in place.
- AUD reflects economy's strength and weakness in US.
- Govt. and RBA have worked well together.
- Says RBA Governor Stevens has strong confidence and support.

Reaction details:

- No immediate reaction seen in AUD/USD following this headline, trades 1.0548 (+12 pips) last.

Print 03:10, 14 Jan 2013 - Asian News - Source: Newswires