The AUD/USD started the week giving back last Fridays gains. However, after the RBA meeting revealed that it left rates unchanged at 4.25% instead of the expected cut to 4.00%, the market bid up the AUD/USD, pushing it beyond 1.0800. It has since found resistance just below 1.0845. The market is…
read full news
Published: Fri, 10 Feb 2012 11:49