AUD Trading Outlook (15-04-2011)
The Australian Dollar (AUD) pushed higher in to the mid 1.0500 level in striking distance of all time highs at 1.0580. AUD/JPY is still the most important cross tracking global stocks up and down. US Data will in focus tonight as traders try to judge the strength of the US recovery. Overall the AUD/USD traded with a low of 1.0456 and a high of 1.0553 before closing the day at 1.0540 in the New York session
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