USD Trading Outlook (15-10-2013)

Yet more meetings in the White House have raised expectations that some announcement regarding an end to the debt-deal impasse might soon happen. The AUD/USD spiked higher above .9500, which had more to do with dealers breaking through an option barrier rather than any reaction to events in Washington. The latest RBA meeting minutes will be released today but all eyes and ears will be on the White House for any sign of a deal.

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