Aussie gains as RBA keeps quiet on unit's strength

London

AUSTRALIA'S dollar was the biggest gainer among major currencies as US and European traders returned from summer holidays on Tuesday, jumping almost one per cent after the country's central bank said little on its 10 per cent rise since January.

The dollar, euro and yen were all trading in tight ranges after a surge for the yen on the back of comments by Bank of Japan (BOJ) governor Haruhiko Kuroda which acknowledged the problems created by running negative interest rates.