Aussie Dollar May Look Past RBA as FOMC, NFP Take Center Stage

Concrete trend development proved elusive for the Australian Dollar yet again last week. The currency was mired in a now-familiar range below 0.78 against its US counterpart despite an ample supply of would-be breakout catalysts including domestic CPI and US GDP data. An upgrade in the potential…

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Concrete trend development proved elusive for the Australian Dollar yet again last week. The currency was mired in a now-familiar range below 0.78 against its US counterpart despite an ample supply of would-be breakout catalysts including domestic CPI and US GDP data. An upgrade in the potential…

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