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FX Report: AUD/USD
Stocks, Unit trusts, Wealth Management and Forex markets
02-05-2012, 11:10 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,313
Potenza rep: 10
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FX Report: AUD/USD
AUD/USD drifted slightly lower during the Asia morning as the market grew increasingly concerned that the RBA could cut by 0.5%. And by the time of the RBA announcement the pair was trading around 1.0395. The 0.5% cut whilst not totally unexpected didn’t stop the liquidation of long positions as 
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