AUD Trading Outlook (22-10-2010)

The Australian Dollar (AUD) also eased against a rejuvenated dollar in overnight trade despite ongoing expectation of a rate hike by the RBA as early as November. The AUD will await the G20 developments to gauge a clearer sentiment in what has proved a whippy trading week for the Aussie dollar. Overall the AUD traded with a low of 0.9745 a high of 0.9893 before closing the day at 0.9784

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