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USD Trading Outlook (10-05-2013)

It was an excellent day for the AUD/USD bears, with the post-jobs data rally giving excellent intraday selling opportunities. The NY session was extremely USD-bullish, with rumours, decent economic data and comments from the Fed all conspiring to send the USD through the roof. USD/JPY was the big mover, taking out an important physical and psychological barrier at 100.00 and the Yen crosses should be busy today.

The RBA monetary policy statement will be released this afternoon.

Back to USD Trading Outlook Archive

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