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Australian dollar edges to the best levels of the day as the risk mood improves

The risk picture is slowly improving after an earlier hiccup on the debt ceiling.The market took the poor Empire Fed in stride and that was a impressive. Bitcoin has also been consistently strong today and perhaps that was a hint at what was coming. AUD/USD has now retraced Friday's declines and is right back in the range. There is ongoing worry about China and that's a big factor for the Australian dollar later, with data on industrial production, employment and retail sales coming up later.Fre... Read More

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Australian

Dollar

Edges

Best

Levels

Risk

Mood

Improves

Forex

Posted: May 15 2023, 15:43

Author Name: forexlive

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