AUD Trading Outlook (12-09-2011)

The Australian Dollar (AUD) The AUD/USD was already on a fragile footing after weak jobs data on Thursday and the sharp risk sell off sent the commodity currency below 1.0500 and AUD/JPY sharply lower towards the key Y80 pivot. The outlook is linked to the Eurozone debt crisis and another potential collapse is keeping traders on their toes in the coming sessions.

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