AUD Trading Outlook (08-11-2010)

The Australian Dollar (AUD) actually gained against the USD after the Jobs report with the Aussie tracking the US stock market and risk appetite higher. AUD/JPY in particular was strong pushing up to multimonth highs above Y82.50. Overall the AUD/USD traded with a low of 1.0086 and a high of 1.0183 before closing the US session at 1.0151.

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