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AUD/USD edging up & ASX easing as market pares back RBA rate cut expectations

Tuesday, May 5, 2015 2:51 AM UTC

OIS pricing showing just a 66% chance RBA cuts down from 75% and 80% yesterday
Talk of some stops above 0.7860 coming into focus ahead of rate decision
ASX was up over 1.0% earlier today and has pared back to be up 0.46%

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AUD/USD edging up & ASX easing as market pares back RBA rate cut expectations

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