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1 Nov 2013
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.”
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.”