The Australian Dollar (AUD) was sold hard back through 1.0000 on risk aversion and weak commodities. A softer than forecast Chinese CPI reading provided support in Asia but was interpreted as signs of economic weakness by European and US traders. Overall the AUD/USD traded with a low of 0.9942 and a high of 1.0060 before closing the day at 0.9960 in the New York session.
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