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AUD/USD Price Analysis: Retreating on Weak Chinese Recovery

AUD/USD Price Analysis: Retreating on Weak Chinese Recovery
Data revealed a sluggish expansion in China’s services activity. The world’s second-largest economy is experiencing a faltering post-pandemic recovery. Traders await the release of the minutes of the Federal Reserve’s recent meeting. Today’s AUD/USD price analysis is bearish. Australia’s dollar weakened along with the Chinese yuan due to data revealing a sluggish expansion in China’s … Continued The post AUD/USD Price Analysis: Retreating on Weak Chinese Recovery appeared first on Forex Crunch... Read More
Posted: Jul 5 2023, 08:42
Author Name: forexcrunch
Views: 110879

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