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AUD/USD overlooks weak iron ore figures ahead of FOMC

  • Pair remains subdued in Asia but not all markets resting ahead of FOMC

  • Dalian iron ore futures fell 2.6%

  • Pair is so far holding 16 pip range in Asia, was down to 0.7606 due to heavy volume overnight

  • AUD/USD downward move was somewhat cushioned by a near 100 pip bounce in AUD/NZD 

 

  • Market Data
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