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Free AccessCurrently sits at $0.7672 toward the.........>
AUSSIE: Currently sits at $0.7672 toward the middle of the modest $0.7664 to
$0.7684 range witnessed so far. Softer ore prices, Dalian futures down 2.28% are
somewhat negating softer UST yields, leaving the Aussie broadly unmoved.
Activity will likely pick up during the week with several economic data
releases, of particular interest will be September's Retail Sales following the
sharp 0.6% decline seen in August. Resistance lies at $0.7690/95, the level
holds hourly highs and 200-dma.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.