AUD Trading Outlook (13-12-2010)

The Australian Dollar (AUD) the Aussie tested 0.9900 before easing back on USD strength in the US session. Attention will be on China stock markets today after very strong CPI at 5.1% y/y released on Saturday. Overall the AUD/USD traded with a low of 0.9829 and a high of 0.9896 before closing the US session at 0.9846. Looking ahead, RBA Governor Stevens Speaks.

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