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Author Archives: AUD Editor

AUD/USD in 2-day highs near the 0.6100 barrier

AUD/USD trades in 2-day highs just below the 0.61 mark. Broad-based risk appetite sustains the AUD momentum. RBA is expected to keep rates on hold on Tuesday. The better mood in the risk complex and … Read Full Story at ...

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AUD/USD rallied ahead of RBA

AUDUSD retraced all of Friday’s losses in printing a high at 0.6075. The signs that lockdown measures are having an impact helped to stabilise sentiment overnight. However, President Trump’s statement … Read Full Story at source (may require registration)

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AUD/USD Analysis: Remains near 0.6050

If the resistance level holds, the AUD/USD pair would continue to decline within this session. However, if the currency exchange rate breaks the 50– hour SMA, a surge towards the 0.6100 could be … Read Full Story at source (may ...

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AUD/USD: Downside pressure gains traction – UOB

In light of the recent price action, further pullbacks in AUD/USD appear likely in the near term, suggested FX Strategists at UOB Group. 24-hour view: “Last Friday, we expected AUD to ‘dip below … Read Full Story at source (may ...

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AUD/USD rejected near 0.6050, erases gains

AUD/USD faces rejection near 0.6049 despite risk reset in the Asian markets. The S&P 580 futures are also reporting gains at press time. Recession fears are likely keeping the gains in the Aussie … Read Full Story at source (may ...

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