The Australian Dollar (AUD) broke above 1.0400 resistance and grinding higher supported on AUD/JPY buying and the high interest rate differential between Australia and other developed countries. Overall the AUD/USD traded with a low of 1.0327 and a high of 1.0453 before closing the day at 1.0430 in the New York session. UPDATE MARCH EMPLOYMENT CHANGE +37k vs. +22k forecast.
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