29 Apr
0
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Good morning. 1. The Australian dollar’s losing streak is over. The AUD/USD’s longest losing streak in two years came to an end on Friday, helped by late selling in the greenback. The weakness in the greenback came despite stronger-than-expected US economic data released during the session. The 5-minute AUD/USD chart below tells the story of Friday’s session with the Aussie slowly recovering after falling to fresh multi-month lows in Asian trade.
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