Morning Users;
the AUD held onto its recent gains last week reaching its highest point in eight months against the USD. A number of factors conspired to push the AUD higher up towards 0.7600 USD before settling in arpound 0.7540 USD to start this week. Strengthening commodity prices have provided a base for the AUD to consolidate around in recent weeks whilst the Chinese Central Bank's decision to fix its CNY rate higher against the USD also benefited the AUD.
The stronger CNY could be seen as p…
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