AUD Trading Outlook (29-09-2010)

The Australian Dollar (AUD) dips where very shallow and the market pushed higher once again to fresh year highs near 0.9690. The RBA meeting next Tuesday is the big key risk event for the Aussie where expectations for a rate hike have been increasing. Overall the AUD/USD traded with a low of 0.9557 and a high of 0.9689 before closing the US session at 0.9675.

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