The Australian Dollar (AUD) enjoyed 200 pips gains to test 1.0800 after the US debt warning. AUD/JPY rallied throughout the day with BOJ officials beginning to talk about the sharp fall in the USD/JPY in recent sessions. Overall the AUD/USD traded with a low of 1.0582 and a high of 1.0788 before closing the day at 1.0730 in the New York session.
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