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After bouncing off of intraday lows of.......>

AUSSIE
AUSSIE: After bouncing off of intraday lows of 0.7206 yesterday, AUDUSD failed
to overcome short-term resistance at 0.7250 and has fallen back to 0.7230.
- The bottom end of the medium-term trend channel is providing some support for
now but the overriding trend remains weaker and commodity prices declines are
not helping the Aussie's cause.
- Neither is the ongoing widening in Australia-US real yield spreads in the US's
favour, currently at -8.9bps. 

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