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Fresh Session Lows After RBA's Lowe Speaks

AUD

AUD coming under some pressure as RBA Governor Lowe speaks, he said he welcomed a lower AUD but that this wasn't a target.

  • AUD/USD is down 13 pips at 0.7392, support is now seen at 0.7290 , the low from Jul 21 and the bear trigger.
  • Markets look ahead to the RBA Statement on Monetary Policy later in the session.

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