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AUD/USD: ‘Sell In May’ Seasonal Trade Is Unfolding – Barclays

The Australian dollar was hit by the RBA, but this is not the only thing in play: Here is their view, courtesy of eFXnews: Last week, we discussed the prospects of market conditions gradually turning less favourable for Asian currencies going into May. Indeed, the USD has turned around, as the “Sell in May” seasonal phenomenon is […]

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AUD/USD: ‘Sell In May’ Seasonal Trade Is Unfolding – Barclays