News Headline Summary

Market talk of bids in AUD/USD at 1.0530 - Unconfirmed; trades 1.0535 last (-20 pips)

‘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 (11:24)

- A break over EUR/AUD's 200DMA has weighed on the AUD currency and aided recent downside in AUD/USD.
- AUD/USD has since bounced off 1.0530, finding support in-line with talk of bids at this level.

13 Dec 2012 - 11:16 - Forex Rumour - Source: RANsquawk

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