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AUD/USD faces some selling pressure below 0.6750 on weaker Chinese data, geopolitical risks
2024-10-13
AUD/USD loses traction to near 0.6730 in Monday’s early Asian session. The weaker Chinese economic data undermines the China-proxy AUD. The US PPI supports expectations of a Fed rate cut next month. The AUD/USD pair attracts some sellers to around 0.6730 and during the early Asian session on Monday. TheContinue Reading
