AUD Trading Outlook (04-10-2010)

The Australian Dollar (AUD) was strong breaking above 0.9700 as the risk asset of choice pushed higher. AUD/JPY buying and AUD/NZD strength helped lift but by far the biggest support is the ongoing speculation that Tuesday&rsquo s RBA meeting could result in another rate hike. Overall the AUD/USD traded with a low of 0.9637 and a high of 0.9750 before closing the US session at 0.9725.

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.