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OFX

USD rallies after Powell testimony. Bond yields rise and equities fall. AUD falls on to a US 77 cents ‘big figure’.


OFX

AUD/USD sticks on 78 cents despite volatility in GBP and EUR ahead of Fed Chair Powell’s monetary policy testimony.


OFX

China PMI Surveys, Q4 capex are important for AUD, but Fed Chair Powell’s testimony on Tuesday could be key to financial markets


OFX

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.


OFX

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


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