Australian Dollar (AUD) the AUD/USD was hit hard by the Chinese data misses but support was found at 1.0500 and we later reversed on Rumors of a weekend RRR Rate Cut from China. With nothing announced we have seen the AUD/USD slightly pressured in Asia today but it’s not moving quickly with quiet markets. UPDATE Q2 Japanese GDP at 0.3% vs. 1.2% Q/Q previously.
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