AUD Trading Outlook (26-10-2010)

The Australian Dollar (AUD) outperformed in Asia when Q3 PPI accelerated by more than expected at 1.3% vs. 0.3% previously. RBA Governor Stevens also spoke about the global recover being of a very two speed nature. Overall the AUD/USD traded with a low of 0.9837 and a high of 0.9976 before closing the US session at 0.9915.

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