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Jan 25 - 07:55 AM

AUD/USD - Elicits Support From China Stock Gains

By Rob Howard  —  Jan 25 - 05:40 AM
  • AUD/USD rises to 0.6590 as China stock gains support risk-sensitive AUD

  • 0.6590 = intra-day high. 0.6567 was Asia low (0.6566 was Wednesday's low)

  • US Q4 GDP and weekly jobless claims data due at 1330 GMT; 2% and 200k f/c

  • Fed to allow emergency bank lending program to expire on March 11

  • Goldman Sachs says Trump presidency could lift USD by 5-10% nL1N3ED276

  • Australia govt reshapes tax cuts to woo low-income voters nL1N3EF04M

Source:
Refinitiv IFR Research/Market Commentary

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