AUD Trading Outlook (30-01-2013)

Australian Dollar (AUD) the Aussie had a positive day rising with the US stock markets and taking a break from the constant selling seen on Friday and Monday. NAB Business Confidence gained 10 points in a good sign that the economy was picking up and recent RBA rate cuts were taking effect. Looking ahead, December Japanese Retail Sales forecast at 0.4% vs. 1.2% previously.

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