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(K3) Corrective Bounce Remains In Play


Bund put fly buyer


W/C Mar 20, 2023

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AUSSIE-YEN: It has been a quiet start for the........>

AUSSIE-YEN: It has been a quiet start for the risk-barometer cross, the pair
holding a narrow Y84.71-81 range. Aussie Q3 Capex (0030GMT) and China's November
Manufacturing PMI (0100GMT) provide the major event risks for the session, MNI's
median for Q3 Capex is +0.8%, with estimate 4 of 2017-18 spending at A$106bn,
while the consensus for China Mfg PMI is 51.4, down from 51.6 prior. Hourly
support is located at Y84.45, while yesterday's high of Y84.92 provides initial
resistance. Aussie-yen was last at Y84.79.

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