AUD Trading Outlook (14-10-2010)

The Australian Dollar (AUD) traded at fresh 28 year post float highs during the US session as positive earning boosted sentiment in the on Wall Street. The AUD was further boosted by Westpac Consumer Confidence rising 3.3% in the month of October. The AUD traded with a high of 0.9936 and a low of 0.9834 before closing the day at 0.9903. UPDATE Trades at 0.9972 fresh high on Thursday morning in Asia.

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