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AUDUSD dips back below 100 hour/100 day MA after ISM data
The AUDUSD has dipped (higher dollar) after the better-than-expected ISM nonmanufacturing data. Recall Fed's Waller put a disclaimer on his view for interest rates saying that if the economic data remains hot, he would favor higher rates. This nonmanufacturing index remains hot. The prices paid - although lower than last month - remained elevated at 65.6. New orders and employment also rose.
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Posted: Mar 3 2023, 15:13
Author Name: forexlive
Views: 082122