News Headline Summary

Market talk of bids in AUD/USD around the 1.0470/80 levels - Unconfirmed; trades 1.0495 (-8 pips) last

Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Analysis details (00:38)

- AUD/USD has been under pressure in the last few minutes after the release of weaker than expected Australian retail sales data.
- The touted bids at 1.0470/80 marks the low printed during the US trading session on Tuesday.

09 Jan 2013 - 00:36 - - Source: RANsquawk

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: