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AUD/USD traded 0.7874-0.7919 range; last at 0.7888

  • AUD had a disclosure Thursday, -2.1% vs EUR; -1.3% vs USD; -1.1% vs JPY

  • Ample of factors at play but none more so than RBA rate cut expectations

  • Only an AUD collapse between now and coming Tuesday will see RBA's rate decision

  • Paring of carry trades also at play against EUR and JPY 

 

  • Market Data
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