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AUD was Wednesday’s worst performing currency as RBA rate hike forecasts continue to be pared back. US stocks liked the FOMC Minutes so USD gave back some of its gains.


Minutes show RBA in no rush to do anything. USD rallies further as stocks fall. EUR was Tuesday’s worst performer.


No surprises seen in RBA Minutes today, but can AUD hold on to US 79 cents?


Wednesday was a day of big swings and reversals for all the FX majors after US CPI data. AUD/USD back to 79 cents, more than a full cent off its daily low.


Employment data offer no support to the AUD which finished Thursday in equal bottom spot with the USD. GBP and EUR extend their gains.

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