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For those interested, Ozforex comments on Au$/economy today: Australian Dollar: Whilst Greenback weakness assisted in keeping the Australian dollar above the critical 91 US Cents handle for much of yesterday?s local session consumer confidence which fell almost five percent this month to its...

Just when I thought the Au$ was falling ready to save the day.... it bounces back, the bugger is resilient. I think RBA do not want to continue with further drops as this will impact on property market which is currently rising and cause property bubble. Our economy I believe is in for a...