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Aug 15 - 11:55 PM

AUD/USD - Weaker Than Expected China Data Likely To Weigh

By John Noonan  —  Aug 15 - 10:10 PM
  • China retail sales and IP for July weaker than expected nB9N2P4025

  • Data adds to concerns China demand will weaken and impact commodities

  • AUD/USD steady around 0.7355, but rallies will likely be limited

  • Australia lockdown also weighs on sentiment as virus count grows nS9N2OY00J

  • AUD/USD support at 0.7330/35 where it bottomed on Thursday/Friday

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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