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Flash: Tame Trading Ahead of Key Events regarding the AUD/USD – TD Securities

FXstreet.com (Athens) – Greg Moore FX Strategist on behalf of TD Securities says that the strong Chinese manufacturing PMI data overnight did not get a sharp reaction from the AUD, but it has provided solid underlying support that has prevented the currency from selling off against the USD, like most other majors.

Key Quotes

“Early next week (Sunday night NA time) we get a number of key Australian releases that should help shape expectations into the RBA meeting on Tuesday.”

Flash: EUR focused on inflation data – BTMU

Derek Halpenny, strategist for The Bank of Tokyo-Mitsubishi UFJ explained it is the inflation data yesterday that will continue to be the focus for European markets today.
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GBP/USD nears 1.5900 support

The GBP/USD broke below the 50-day SMA and printed a fresh 2-week low during the New York session as the greenback continues to strengthen across the board.
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