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AUD Traders Likely Watchful of China’s Currency Fix

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VUBot

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The AUD/USD trades at 0.6781 early Friday, following a lackluster session yesterday that CBA attributes to market skepticism about China’s policy pledges and a stronger greenback. Still, CBA economist Carol Kong notes the very strong positive correlation between the AUD and Chinese yuan, which…

#audusd #cba #carolkong #aud #cny

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