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AUD Trading Outlook (13-11-2012)

Australian Dollar (AUD) was well supported with a reconfirmed AAA rating and strong inflows into Australian Bonds. China’s Trade balance surged on exports and received lots of attention over the weekend with many analysts seeing this as evidence of a soft landing. EUR/AUD is grinding lower with the high yield and safety making the Australian dollar very attractive to long term investors. Looking ahead, October Australian Business Confidence.

Back to AUD Trading Outlook Archive

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