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A$ Losses Accelerate

AUD

AUD/USD continues to falter, now down 0.75% for the session and at fresh cyclical lows, just under 0.6330. The next worst performer in G10 is NOK at -0.24%. No obvious catalyst for the move, as we head towards the London cross-over. It continues the trend seen through the session though. Next levels are from mid-April 2020, around the 0.6250 level. We could see demand ahead of 0.6300 as well.

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