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Thomson Reuters
May 30 - 09:48 PM
AUD/USD - Offered Tone As Trade Tensions Back In Focus
First appeared on eFXplus on May 30 - 08:20 PM
  • As Italian political concerns fade, global trade tensions move back in focus
  • US/China trade tensions rising while US may soon impose metal tariffs on EU
  • AUD vulnerable on potential trade war and negative impact on global growth
  • AUD/USD support at 10-day MA at 0.7560 and 21=day MA at 0.7538
  • Aus CAPEX and China MFG PMI will be out shortly and may impact price action

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Source:
Thomson Reuters IFR Markets

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