AUD/USD gains appear capped near 0.7240 – UOB

According to the research team at UOB Group, the Aussie dollar could remain within a 0.6950-0.7240 range vs. the dollar in the near term...
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Significant change to Fed forecasts to impact USD direction – BNPP

Research Team at BNP Paribas, suggests that the financial markets remain in the grip of severe risk aversion and against this backdrop current account surplus-backed currencies continue to extend gains while receding Fed expectations undercut the USD generally.
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