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AUDUSD is back at Pre US NFP levels

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  • The Dollar was mostly in the green overnight, although market participants can easily argue that it was closer to flat overall, besides the NZD that was down 0.21%, followed by the SEK (-0.11%).
  • Since the Cash Govie open, the picture remains pretty much unchanged overall in G10, NZD is down 0.16%, and the NOK, CHF and AUD, are up 0.13%, 0.09%, and 0.07% respectively, basically flat.
  • Interesting early chart is the AUDUSD, testing session high, back at the last US NFP levels, and now target the peak of that day (6th Sep) at 0.6767.
  • Further out, would open to 0.6824, the August high and the highest print since January.
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  • The Dollar was mostly in the green overnight, although market participants can easily argue that it was closer to flat overall, besides the NZD that was down 0.21%, followed by the SEK (-0.11%).
  • Since the Cash Govie open, the picture remains pretty much unchanged overall in G10, NZD is down 0.16%, and the NOK, CHF and AUD, are up 0.13%, 0.09%, and 0.07% respectively, basically flat.
  • Interesting early chart is the AUDUSD, testing session high, back at the last US NFP levels, and now target the peak of that day (6th Sep) at 0.6767.
  • Further out, would open to 0.6824, the August high and the highest print since January.