AUD Trading Outlook (09-12-2010)

The Australian Dollar (AUD) The Aussie tracked the Euro and stocks lower in Asia and struggled to recover later as gold fell in the US session. AUD/JPY performed the best holding above Y82. Overall the AUD/USD traded with a low of 0.9751 and a high of 0.9858 before closing the US session at 0.9780. Update RBNZ holds at 3.0%. Australian Unemployment +54k vs. +20k forecast.

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