AUD Trading Outlook (27-09-2012)

Australian Dollar (AUD) the AUD/USD rallied off fresh week lows under 1.0350 and is sitting just under the previous support at 1.0380 and is looking to stock markets and the RBA rate meeting next week for fresh direction. Most economists see the RBA cutting rates but there is far from a consensus with some seeing the RBA on hold. Looking ahead, no data today.

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