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AUD Trading Outlook (11-11-2010)

The Australian Dollar (AUD) tested Parity a few times throughout the day before finishing on a firm footing with the late rally in the US session. November Consumer Sentiment fell 4.7 but the market is watching commodities and stocks for direction in recent trading sessions. Overall the AUD/USD traded with a low of 0.9973 and a high of 1.0074 before closing the US session at 1.0040. UPDATE OCTOBER UNEMPLOYMENT RATE JUMPS TO 5.4% from 5.1%.

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