AUD Trading Outlook (24-12-2010)

The Australian Dollar (AUD) extended gains above parity as the commodity currency does well given Oil&rsquo s move higher. AUD/NZD reversed from 1.3500 back to 1.3400. Overall the AUD/USD traded with a low of 0.9985 and a high of 1.0068 before closing the US session at 1.0030.

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