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ANZ recommend buying AUD/SGD at 1.0037 with...>

FOREX
FOREX: ANZ recommend buying AUD/SGD at 1.0037 with a stop at 0.9940 and an
initial target at 1.04.
- They add, while we remain bearish on the outlook for the AUD on a medium term
basis, the recent decline has been too fast.
- The AUD has significantly underperformed relative to other global cyclicals
and our tactical models are suggesting it is oversold.

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