AUD Trading Outlook (14-09-2011)

The Australian Dollar (AUD) the Aussie underperformed as the usually well supported currency remaining on the backfoot with traders sitting on the sidelines watching the EU debt saga unfold. The potential for a banking crisis and the subsequent heavy selling that would cause in the AUD/USD is keeping buying timid. UPDATE September Westpac Consumer sentiment +8.1% vs. -3.5% previously.

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