A$ bounces back from record lows

The Australian dollar bounced back from this week's record lows against the US dollar on Wednesday, buoyed by talk of central bank support in the options market.

Traders said a substantial buyer of short-dated Aussie call options caught currency traders on the hop, triggering stop-loss orders above US$0.5180. The identity of the buyer was unknown, but talk centred on the Reserve Bank of Australia, which has said before it has used options as a means of intervention."There was a big buyer of

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