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Australian Dollar Grips on to Coal Train in Risk-Off Rout. Will AUD/USD Go Lower?

AUSTRALIAN DOLLAR, AUD/USD, COAL, CHINA, OPEC+ - TALKING POINTS The Australian Dollar had some yield support early, but not enough. China cracks the whip on their energy producers, adding to demand. High commodity prices, positive yields, what will break AUD/USD?   Overnight, US data was mostly in line with expectations. US GDP printed at 6.7% q/q growth for the second quarter against forecasts of 6.6% while initial jobless claims were a slight miss, coming in

MongiIG

MongiIG in Market News

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