Fundamental Analysis/MBCFX.com

The EUR/USD prices bounced back above 1.29-mark away from Monday’s low near 1.2814. Euro outlook remains clouded by Spain bailout decision despite recent strength. Any upside gains in the euro could be limited ahead of Moody's review on Spain's ratings and the Euro-group meeting on Oct. 8. The AUD/USD dropped after a surprise decision of the Reserve Bank of Australia (RBA) to cut the interest rate a quarter point to 3.25%. 
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