Australian Dollar (AUD) the AUD/USD opened above 1.0000 but like the EUR/USD waited for the European open and when Bond yields failed to respond to the new bailout the Aussie was aggressive sold back to lower 0.9900 levels. The continuation of the selling was seen as US stocks took another leg lower sending the AUD/USD down to 09840. Looking ahead, May Business Confidence previously at 4.
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