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Reporting on key macro data at the time of release.
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AUSSIE: AUD blipped higher on the back of a beat in Australia's unemployment
rate, but pulled back as participants realised that the apparently strong print
was underpinned by an unprecedented drop in participation. Employment shrank
slightly more than expected. The Aussie marginally underperforms its G10 peers
as we type.
- AUD/USD last seen at $0.6448, 7 pips shy of neutral levels. AUD/NZD sits -12
pips at NZ$1.0762. AUD/JPY trades -15 pips at Y68.94. Familiar technical levels