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It has been a limited session for the.........>

FOREX
FOREX: It has been a limited session for the majority of the major USD pairs,
which have stuck to tight ranges.
- The AUD has unwound most of its brief knee jerk lower, that came on the back
of the RBA's 2018/19 corporate plan which notes that high debt levels could
complicate future policy decisions, and that high debt could make the economy
less resilient to shocks.
- EMFX remains in the crosshairs with the TRY softening on the back of U.S.
President Trump reiterating previous thoughts on Erdogan/Pastor Brunson,
although USD/TRY has failed to challenge yesterday's high.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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