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4 Jul 2013
Flash: RBA & China news flows lead AUD prospects – OCBC Bank
FXstreet.com (London) - Emmanuel Ng of OCBC Bank notes that recent news flow from the RBA and China are expected to continue to cast a pall over AUD prospects in the near term.
He suspects that the pair may continue to trade on both sides of 0.9100, with 0.9000 still in plain sight pending further global cues now that the immediate focus has passed.
He suspects that the pair may continue to trade on both sides of 0.9100, with 0.9000 still in plain sight pending further global cues now that the immediate focus has passed.