AUD Trading Outlook (04-01-2012)

The Australian Dollar (AUD) the Aussie led the market higher gaining against all the majors with the commodity currency the first choice to express positive risk appetite. EUR/AUD is still at all-time lows near 1.2500 and GBP/AUD is moving towards 1.5000 and then 1.4800 all-time lows. Little economic data this week so we continue to look to the stocks markets and US Jobs data on Friday.

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