The Australian Dollar (AUD) shrugged off the risk aversion caused from the Egyptian uprising to push back towards 1.0000. Commodities have been strong with Oil pushing higher on supply fears and the Broader Commodity basket up 2%. Overall the AUD/USD traded with a low of 0.9864 and a high of 0.9992 before closing the US session at 0.9970. Looking ahead, RBA Rate Decision forecast to remain at 4.75%.
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