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AUD/USD Edges Lower on Soft Chinese Industrial Production Data

AUD TALKING POINTS – AUD/USD, CHINA INDUSTRIAL PRODUCTION, RBA AUD/USD falls on soft Chinese industrial data Will slower China growth push RBA to cut rates? Global risk likely to continue weighing on Aussie See our free guide to learn how to use economic news in your trading strategy! AUD/USD fell to a session low following […]
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AUD Overlooks Dismal Services Sector Performance Reading

Talking Points: Australian Performance of Services Index for January collapses into contraction territory AUD reaction muted while awaiting RBA rate decision in addition to upcoming retail sales and trade data The Australian Industry Group just released January’s Performance of Services Index (PSI) which showed a sharp drop in the closely watched metric. The Australian PSI […]
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Cautious Fed, USD Drop Gives Bank of Indonesia Chance to Lift IDR

ASEAN Outlook – US Dollar, Fed, S&P 500, Bank of Indonesia, Indonesian Rupiah More caution from the Fed-induced ‘risk on’ trade last week to the benefit of ASEAN currencies Amidst the weakness in USD, Bank of Indonesia may leave the door open to hiking to boost IDR Data-dependent Fed is a naturally more unpredictable path. […]
Cautious Fed, USD Drop Gives Bank of Indonesia Chance to Lift IDR

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