AUD Trading Outlook (25-01-2011)

The Australian Dollar (AUD) was buoyant with the rise in copper and Equities supporting the risk sensitive currency. The Central bank outlook for Australia is mixed with some calling for more hikes this year whilst others look for a hold given the recent tragic flooding. Overall the AUD/USD traded with a low of 0.9863 and a high of 1.0024 before closing the US session at 0.9980.

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