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Some important news event are lined up for next week which could set the tone for future direction on AUDUSD and AUDJPY.
On Thursday Australian Employment numbers are scheduled to come out and expectations are for about 18K new hiring which could be positive for Aussie Dollar.
However, traders would be eagerly waiting for 1st quarter GDP growth plus Industrial Production number from China which is due on Friday. Majority of analysts expect a 6.7% growth and industrial production numbers to inch higher to 6% and if all three news come out as expected then Aussie is expected to go higher against USD and JPY.
On Thursday Australian Employment numbers are scheduled to come out and expectations are for about 18K new hiring which could be positive for Aussie Dollar.
However, traders would be eagerly waiting for 1st quarter GDP growth plus Industrial Production number from China which is due on Friday. Majority of analysts expect a 6.7% growth and industrial production numbers to inch higher to 6% and if all three news come out as expected then Aussie is expected to go higher against USD and JPY.
