AUD Trading Outlook (29-04-2011)

The Australian Dollar (AUD) was well supported on a dip below 1.0900 and ended near all-time highs. Strong commodities led by silver and gold helped encourage the Aussie to push higher. Overall the AUD/USD traded with a low of 1.0861 and a high of 1.0950 before closing the day at 1.0930 in the New York session.

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