After a flurry during yesterday's Asian session, Aussie has consolidated around the level of 0.99 over the past 24 hours. Those with long positions in Australian, continue to closely monitor the debt crisis of the EU in anticipation of any signs. Furthermore, the probability of new increases in interest rates obsessed traders. On the background of soothing risk managers before the end of the year and thinner liquidity, now a treacherous time for the Aussie, because it can happen very sudden burst of volatility. There is no certainty that will soon be re-achieved parity.
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