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In otherwise quiet markets Aud/Usd was the...>

AUSSIE
AUSSIE: In otherwise quiet markets Aud/Usd was the biggest mover overnight.
Strong Chinese Caixin Services PMI with added support from the RBA SoMP which
provided a modest upgrade to the 2018 underlying CPI estimate, lifted to
$0.7556. A minor pullback encountered fresh dip buyers to $0.7561, but soon
faded ahead of Europe. Near-term resistance is seen at $0.7582/89 (Apr30
high/Apr26 high), stronger behind on approach to $0.7600. Narrow range trade
expected this morning ahead of the US jobs report with main focus again on the
AHE component. Aud/Usd last $0.7541.

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