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US ISM New York index decreases to 54.4 in May from 58.3 in April

AUD/USD prints fresh daily low

The Australian dollar continues to consolidate losses versus the greenback as lower-than-expected US trade deficit gave the USD a mild boost.
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Flash: Gilts remain bearish in long-term – RBS

According to Technical Strategist Dmytro Bondar at RBS, “A Gilt bounce to 116.26 (the 61.8% retrace of the November-February move) is possible in the near-term.”
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