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AUD/USD weighed by rate cut chatter

  • AUD/USD breaks below the NY low to 0.7779 as speculation of rate cut weighs

  • Analysts predict rate cut next Tuesday - swaps market suggests 54% chance

  • AUD/USD slowly moved to 0.7816 but fell as soon as rate cut talk started

  • AUD down against NZD looking at fresh all time lows

  • Next downside target is Tuesday's 0.7740 low

 

  • Market Data
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