Forex Flash: AUD/USD should hit +1.04 on Greek deal - NAB
Forex pairs in this Article » AUD/USD
FXstreet.com (San Francisco) - AUDUSD is steady in consolidation below the 1.04 mark today in Asia as markets await the outcome of a euro zone finance ministers meeting to negotiate a release of financial aid to Greece. "It's hard to get too excited about the AUD today; it is evidently perceived as cheap in the low 1.03s and expensive above about 1.0450. That is unlikely to change today, though if we get the aforementioned Greek deal, we should trade back onto a 1.04 handle during our time zone."