Aussie had a fairly muted session this morning after it shook off the misery of yesterday’s jobs data to trade a high of $0.9471 in New York. It opened with small gains to $0.9464 before the Obama rejection and subsequent risk-off trades and a fall in aussie-yen sent it to a $0.9434 low. But the following risk-on theme and recovery in yen crosses gave aussie-dollar a lift back to the $0.9460 region soon after. Aussie-dollar continued to ride on the improved risk sentiment to mark a morning high of $0.9485, halting the move just shy of strong sell orders cited from $0.9490/9500. Thin trading conditions are expected to persist ahead of the weekend while market participants continue to look to US news for leads. Aussie-dollar last at $0.9472, compared with a US close of $0.9452.
