News Headline Summary

AUD/USD continues to strengthen following the Reserve Bank of Australia's decision to hold rates at 3.25%, against the consensus of the majority of surveyed economists who were looking for a cut of 25bps

- AUD/USD has gained 68 pips since the announcement 17 minutes ago.
- AUS/USD session high printed at 1.0436.
- Of note, despite an initial dip of 0.17% in the ASX 200 the local stock index has now pared the move and is back to its pre-announcement levels, trading up 0.27% on the day.

Print 03:45, 06 Nov 2012 - Asian News - Source: RANsquawk