Tuesday, October 28, 2014

AUDUSD Benefits From Weak US Economic Data As Investors Prepare For The FOMC

Strong investor sentiment and threat of a dovish statement from the FOMC has helped to propel AUDUSD higher in the last few trading sessions. The pair managed to break 0.8880 overnight, albeit only briefly. The lack of market moving economic data in Asia today places even more emphasis on tomorrow/tonight’s



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