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Sep 01 - 02:55 AM

AUD/USD - Little Reaction As RBA On Hold And Sticks To Script

By John Noonan  —  Sep 01 - 12:40 AM
  • AUD/USD held on to gains and is little changed after RBA remained on hold

  • It is currently trading around 0.7400/10 - where it was before RBA decision

  • RBA statement similar to August statement as they await more information nAZN00PSN9

  • AUD/USD traded to fresh 2-year high at 0.7413 before the RBA decision

  • AUD/USD supported by broadly weaker USD and buoyant commodity prices

  • Caixin Mfg PMI improved again to bolster China growth story nL4N2FY0QH

  • AUD/USD resistance at 76.4 fibo of 0.8136/0.5510 move at 0.7516

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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