The Australian Dollar (AUD) avoided much of the volatility from the Irish downgrade with the market pushing EUR/AUD lower and AUD/USD finding support at 0.9850 once again. The Aussie has been in a 2 cent range for the last 2 weeks as end of year volumes fall. Overall the AUD/USD traded with a low of 0.9841 and a high of 0.9926 before closing the US session at 0.9885.
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