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Market Moving News: AUD/USD - Nov 2

02 Nov, 2009 @ 08:55 pm ET | written by AceTrader


Aud/usd - 0.9077 ... Aussie has moved higher in relatively thin trading (Tokyo markets are closed for a holiday) ahead of the RBA rate decision at 03:30GMT. Economists are expecting the central bank to raise rates by 25 b.p. to 3.5% but this move may already be priced in. Offers at 0.9100/10 are in focus with stops noted abv there while on the downside, bids are likely to emerge fm 0.9030 down to 0.9000 with stops building up below latter lvl...

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