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Weekly economic and financial commentary

United States: Growth Still Solid, but Slowdown on the Horizon The ISM services index shot higher into expansion territory during January, which is the latest piece of evidence that economic growth is still firmly in positive territory. ....

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Australian dollar takes a breather after wild week

Markets see 60% chance of RBA rate hike in H1 of 2024 US Treasury yields fall to 4.35% The Australian dollar has bounced back on Friday after losses a day ....

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AUD/USD rebound approaches 0.6700 as US default fears ease, Australia employment eyed

AUD/USD portrays a typical pre-data anxiety around 0.6660 amid early hours of Thursday’s trading in Asia, after posting a notable rebound from a fortn ....

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AUD/USD extends gains to weekly highs, approaches 0.6800

The AUD/USD gained momentum after the release of US Data and continued to move higher during the American session amid risk appetite. The pair is hove ....

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AUDUSD Forecast: Death Cross Formation Pending

AUD/USD negated the odds for a bear flag formation as it climbed above the 200-Day SMA (0.6745) earlier this month, and the exchange rate may continue to retrace the decline from the monthly high (0.6794) as it snaps the series of lower highs and lows carried over from last week. ....

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