AUD Trading Outlook (10-06-2011)

The Australian Dollar (AUD) weak Jobs data hurt the Aussie sentiment with the market unable to take full advantage of the risk rally in stocks. May Employment Change was +7.8k vs. +25.4k forecast. The Unemployment remained at 4.9%. Overall the AUD/USD traded with a low of 1.0561 and a high of 1.0664 before closing the day at 1.0620 in the New York session.

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