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Jul 13 - 02:55 AM

AUD/USD - Inches Higher, Unlikely To Make Much Headway

By Krishna K  —  Jul 13 - 01:30 AM
  • AUD/USD up 0.2% in Asia as China trade data calms growth nerves nL1N2OP04F

  • China June exports and imports growth beat forecasts, boost risk appetite

  • Data assuages global growth concerns, APAC shares move broadly higher

  • Focus turns to U.S. CPI Tues; Fed Powell testimony Wed/Thurs keenly awaited

  • Sydney COVID-19 cases ease but lockdown extension still on cardsnL1N2OP00A

  • PM Morrison, NSW Premier Berejiklian to speak on NSW support package 3.30PM

  • Resistance 0.7505-10, 0.7530-35, support 0.7445-50, 0.7410-20

  • For more click on FXBUZ


China's seasonal iron ore imports: Click here

Source:
Refinitiv IFR Research/Market Commentary

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