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Apr 01 - 01:55 AM

AUD/USD - Bogged Down; USD Strength Outweighs China Optimism

By Ewen Chew  —  Mar 31 - 11:35 PM
  • AUD/USD bogged down, last 0.6518 from Mon high 0.6539

  • Falls back to flat vs Fri close amid broad USD strength

  • US inflation data keeps Powell view intact nL2N3G70RQ

  • Fewer US rate cuts still seem a possibility ahead

  • China PMIs beat, propelling Chinese stocks nL2N3G900X

  • Caixin factory PMI corroborates official data nZUN009QBN

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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