Australian dollar posts a nice turnaround, but stalls at 0.7440 - ConsultFX

Australian dollar posts a nice turnaround, but stalls at 0.7440

0.7440 proving to be a tough line in the sand The Australian dollar is up 17 pips on the day at 0.7438 after falling as low as 0.7383. The Aussie is caught in a tough spot as a proxy for global trade and because of domestic worries. The RBA didn't offer much this week but the MPS