AUD Trading Outlook (15-09-2011)
The Australian Dollar (AUD) the Aussie was the weakest currency in the market yesterday after the ABS released revised lower inflation numbers. The revision takes pressure off the RBA to hike rates and now the louder talk in the market is for rate cuts as employment data comes in weaker than expected. UPDATE New Zealand Rate decision hold at 2.5%. NZD/USD fell on comments from Central bank that the high NZD is having a dampening influence on the economy.
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