Little bit of risk-off action to finish the week

02/09/2011 | 03:27 GMT

What would a Friday in Asia be without a bit of risk aversion. The logic is that if anything is going to happen over the weekend, then it’s much more likely to be bad news rather than good. AUD/CHF has fallen from .8520 to .8465 in the last few hours and dealers report some profit taking in AUD/USD as well, after a week of gains.

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