AUD Trading Outlook (16-11-2010)

The Australian Dollar (AUD) more selling was seen in Asia and in the US session but there was a rally in the US session after the strong US Retail Sales helped commodities to rally. Overall the AUD/USD traded with a low of 0.9812 and a high of 0.9922 before closing the US session at 0.9830. UPDATE RBA Minutes &mdash November Decision Finely Balanced, Forward looking in regards to Inflation.

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