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Mar 30 - 10:55 PM

AUD/USD - Dip Below 0.7500 Short-Lived As Dalian Iron Ore Surges

By John Noonan  —  Mar 30 - 08:55 PM
  • AUD/USD fell below yesterday's low and trade to 0.7493 as USD/JPY led USD higher

  • AUD/USD support at the 10-day MA at 0.7483 held and it bounced to 0.7510

  • Dalian iron ore up over 4.0% and helping to offset 4.5% plunge in crude nL2N2VY00X

  • Aus building approvals soared 43.5% (+10% exp) but that is a volatile series

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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