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AUD/USD holds modest, Market very confident RBA rate cuts next week

  • AUD/USD tracking sideways this afternoon after the morning run to 0.7664

  • China PMI gains quickly extinguished - AUD/USD content to trade 0.7630-40

  • Brief relief rally that quickly loses momentum typical of recent trading

  • Fundamentals all pointing in wrong direction as iron ore price tumbles

  • A strong NFP number Friday night cld send AUD/USD hurtling thru 75 cents 

 

  • Market Data
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