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Australian Dollar: RBA limits gains against US Dollar - Societe Generale

financeRBA

Societe Generale’s Kenneth Broux and colleagues say AUD/USD is trading below 0.70 after a dovish RBA hike and softer industrial metals. The pair remains largely driven by industrial metals rather than RBA/Fed spreads, with the 200-day moving average near 0.7050/0.7080 seen as a key resistance.

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Source: FreeNewsAPIRead at FXStreet

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