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http://www.scoop.co.nz/stories/BU1211/S00562.htm Fiscal Cliff spectre remains overriding theme Wednesday, 14 November 2012, 6:04 pm Press Release: CMC Markets 15.25 AEDT, Wednesday 14 November 2012 Fiscal Cliff spectre remains overriding theme By Tim Waterer (Senior Trader, CMC Markets) The Australian Dollar found support today via the 19 month high reading on Consumer sentiment. The AUDUSD made its way to 1.0450, with calmer conditions across Asian markets today supporting the risk-sensitive Aussie. Today’s Consumer sentiment reading was nearly the polar opposite to yesterday’s Business Confidence indicator, and overall it is still tough to gauge where we at in terms of another potential RBA cut over coming months. I suspect that the international picture will be the deciding factor here. [....]

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