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The Aussie is a fraction firmer following....>

AUSSIE
AUSSIE: The Aussie is a fraction firmer following the RBA's Monetary Policy
statement, Aussie stood at $0.7940 ahead of data and has since seen a range of
$0.7934 to $0.7956 and currently holds $0.7944. Near-term growth forecasts were
lowered from 2.3-3.5% to 2-3%, however, momentum in growth is expected to pick
up. Overall, the feeling from traders is, 'move along, nothing to see here'.
Further range-trading now seems likely heading toward the European open. Support
lies at $0.7915 (Aug3 low), while initial resistance is located at $0.7964
(38.2% $0.8043-$0.7915).

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