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Dovish RBA and rising Canberra-Beijing tensions to restrain AUD's performance – Rabobank

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Australian Capital Territory , Governor Debelle , ஆஸ்திரேலிய மூலதனம் பிரதேசம் ,

AUD/USD Advanced Within Range, Upside Limited By 0.7820

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Australian data showed signs of further improvement at the beginning of Q2.
The aussie advanced on sentiment, following the lead of US indexes.
AUD/USD advanced within range, upside limited by 0.7820.
The AUD/USD pair keeps seesawing between gains and losses, ending Wednesday with modest gains in the 0.7740 price zone. Australian macroeconomic figures released at the beginning of the day were mostly encouraging. The AIG Performance of Construction Index printed at 59.1 in April, below the previous 61.8. The Commonwealth Bank Services PMI for the same month printed at 58.8, while March Building Permits soared 17.4% MoM, largely surpassing the 3% expected.
The positive tone of US indexes provided support to the pair, as US policymakers cooled down expectations for higher US rates. Australia won’t publish macroeconomic data this Thursday, but RBA’s Deputy Governor Debelle is due to deliver a speech titled Monetary Policy during Covid in Perth. ....

Western Australia , Monetary Policy , Commonwealth Bank Services , Construction Index , March Building Permits , Governor Debelle , மேற்கு ஆஸ்திரேலியா , பண பாலிஸீ , காமன்வெல்த் வங்கி சேவைகள் , கட்டுமானம் குறியீட்டு , அணிவகுப்பு கட்டிடம் அனுமதிக்கிறது ,

Futures, Yields Slide As Month-End Jitters Spread

Futures, Yields Slide As Month-End Jitters Spread
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Futures Rebound Led By Tech With Yields Flat Ahead Of Powell Part 2

Futures Rebound Led By Tech With Yields Flat Ahead Of Powell Part 2
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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