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AUD/USD Forecast May 23-27

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AUD/USD lost ground for a fourth straight week, posting modest losses. The pair closed at 0.7219. This week’s highlight is Private Capital Expenditure. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. The Fed meeting minutes were surprisingly hawkish, putting a June rate hike firmly on the table. US unemployment numbers were within expectations […]

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AUD/USD Forecast May 23-27